Inside President Uhuru’s 39.6 Million Retirement Package
KEY POINTS
President Kenyatta will also be entitled to two personal assistants, four secretaries, four messengers, four drivers, and bodyguards pushing his soon-to-be personal office and home workers to 34 under the scheme funded by taxpayers. The aides will be seconded by the government.
KEY TAKEAWAYS
The Presidential Retirement Benefits Act of 2013 states that a retired President is entitled to a lump sum payment on retirement equal to one year’s salary for every term he/she served.
President Uhuru Kenyatta, who is set to leave office at the end of his constitutional two terms, will receive a host of hefty retirement benefits of up to 39.6 million shillings.
The Presidential Retirement Benefits Act of 2013 states that a retired President is entitled to a lump sum payment on retirement equal to one year’s salary for every term he/she served.
President Kenyatta was earning a monthly salary of 1.23 million shillings in his first term in office with an increase of 103,125 shillings every year.
From Tuesday 13th September 2022, President Kenyatta will be entitled to 216,563 shillings to fuel his cars and another 332,063 shillings as his monthly house allowance.
President Kenyatta who will hand over the instruments of power to his successor President-Elect William Ruto on Tuesday 13th September 2022, will also be receiving 1.32 million as his monthly pension for the rest of his life.
The retiring President will also get a monthly entertainment allowance of 200,000 shillings. For his monthly electricity, telephone, and water bills, President Kenyatta will be receiving 379,500 shillings.
According to Kenyan law, President Kenyatta will also be entitled to two personal assistants, four secretaries, four messengers, four drivers, and bodyguards pushing his soon-to-be personal office and home workers to 34 under the scheme funded by taxpayers. The aides will be seconded by the government.
They will include press secretaries and six security officers. President Kenyatta will also be entitled to four cars, including two limousines and two Sports Utility vehicles that are replaced every four years.
The former president’s health is also considered as he has a full medical cover that allows him to seek treatment both locally and abroad. In addition, the insurance will be extended to his wife Margaret Kenyatta.
The retired president will also receive a fully funded furnished office.
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