County Pension Fund assets hit Sh68.28bn as membership tops 106,000
Key points
- County Pension Fund net assets closed 2025 at Sh68.28bn, up from Sh51.67bn in 2024.
- Membership rose to 106,872 from 94,116; sponsors expanded to 194 county, agency and private institutions.
- CPF Individual Pension Plan assets up 66.8% (Sh4.11bn baseline cited); Salih Fund (Shariah) to Sh8.77bn (+34.1%).
- Post-Retirement Medical Scheme assets grew to Sh164.28m; Laptrust DB remained resilient near Sh27.68bn net assets.
Sh68.28 billion is where the County Pension Fund's net assets landed for 2025, up from Sh51.67 billion a year earlier — a retirement-savings scoreboard CPF Group put out around its Annual General Meeting in Isiolo, the Standard reported.
Membership climbed to 106,872 from 94,116, while the sponsor base widened to 194 institutions spanning county governments, affiliated agencies and private organisations. That mix matters: county payrolls still dominate the story, but private and agency sponsors signal the fund is not only a single-employer silo.
Sister schemes also moved
The CPF Individual Pension Plan posted about 66.8 per cent net-asset growth from a Sh4.11 billion base in the prior year comparison. Active membership sat near 23,001 at 31 December 2025 versus 23,787 earlier, with 3,467 new joiners against 4,253 exits — growth with a retention headache. Salih Fund, the Shariah-compliant book, rose 34.1 per cent to Sh8.77 billion from Sh6.54 billion, membership 10,704 from 9,895.
The Post-Retirement Medical Scheme, in its third year, grew assets from about Sh102.57 million to Sh164.28 million with membership from 464 to 497. Laptrust Defined Benefit closed with total assets near Sh31.39 billion and net assets about Sh27.68 billion, active membership 12,835 versus 13,782 as a mature scheme takes natural exits.
What workers should still demand
Asset growth is good news only if investment returns, fee transparency and benefit processing keep pace. County employees should ask for plain-language annual statements, funding ratios on defined-benefit books, and clear rules when they change counties or leave public service.
Business desk: Business. A public 2025 vs 2024 one-pager — assets, members, sponsors, net return — should be standard after every AGM, not only a press figure of Sh68.28 billion.
For now the verified story is expansion: more money under management, more members, more sponsors. The civic test is whether those billions still feel real when a retiree claims a benefit without months of file-chasing.
Based on Standard reporting of CPF Group financials released around the Isiolo AGM. Audited statements control definitive figures.
