All the learners both in Primary and Secondary schools will start learning new subject called Financial Students as part of their curriculum studies .
According to the government, this new learning area aims to improve a saving culture for all the citizens in the country.
As per to the detailed provided in the National Retirement Benefits Policy , a document that was prepared by the Treasury, the country is seeking to enhance compliance with the act of National Social Security Fund (NSSF)
The document highlights that there is currently low coverage of retirement benefits due to lack of knowledge on financing management.
The new proposed curriculum or new subject should be finalized in December 2025 according to the plans and introduced in schools.
Among the performance indicators in this new subject will be evidence on enhanced education curriculum to include financial education in basic education.
It will also concentrate on implementation of financial literacy programs for targeted groups.
Why the new Policy has been proposed
Details from the Treasury, indicate that many Kenyans struggle once they retire from government and private sector jobs Since it is only very few people save towards their retirement.
It was also noted that Kenyans who uptake the retirement benefits are those who are employed in the formal sector with the majority in the informal sector left out.
For this reason ,there is a need for a comprehensive policy that will help in addressing the various issues and challenges faced in the retirement benefits so as to achieve these plans.
As a result ,the government is also working on a framework inorder to have Kenyans save towards retirement homes medical cover.
I strongly agree on this. The government on the other hand should lay better strategies to ensure the saved monies are later given to the owners.
Pls pls pls KICD,introduce a subject on INTEGRITY in our schools….to tame the run away GREED and CORRUPTION that is currently the norm in Kenyan Society….the younger ones get indoctrinated by the lost older generation hence need for a concerted effort to uproot it…right from childhood.
When will a Kenyan work for the pay of the job and not focus on the opportunities the position accords him/her to grab/amass illegal wealth to become wealthy?
Our media has perpetually propagated the same narrative,hence making it a norm….by comparing the various Ministry portfolios and are quick to say who has been given “lucrative ” ministry and so on….where a reshuffle is seen as reward or demotion depending on the resources put under ur control……as if the more u control the more u will grab!Kenya is bleeding!
And whoever tries to stop the hemorhage is at times eliminated since he is seen as an obstacle !
Kindly introduce social ethics focussing on addictions, mental disorders, integrity, marriage, family, self awareness, social life skills, etiquette, parenting, altruism, cultism and religious brainwashing..