President William Ruto has failed to assent to the Pensions Amendment Bill that sought to provide set timelines for pension payments upon retirement of a public officer.

Announcing the development on Tuesday, National Assembly Speaker Moses Wetangula relayed that the President had reservations on two clauses presented to amend the Pensions Act (Cap 189).

In his submission, President William Ruto argued that Clauses 2 and 3 of the Bill may lead to inconsistencies with existing laws and create ambiguities in the administration of pensions.

Clause 2 proposes granting the Cabinet Secretary for Finance powers to make regulations on pensions, which he noted would conflict with Section 3(2) of the Pensions Act, which vests such powers in the President.