CPF Group pension schemes post strong asset growth as County Pension Fund tops Ksh.68.3B

The performance was announced during the Group's Annual General Meeting (AGM) held in Isiolo, where members approved the financial results for the year ended December 31, 2025.

The County Pension Fund recorded a 32.2 per cent increase in net assets from Ksh.51.67 billion in 2024 to Ksh.68.28 billion in 2025. Membership grew from 94,116 to 106,872, while the number of sponsoring institutions increased to 194, comprising county governments, affiliated agencies and private organisations.

The CPF Individual Pension Plan also posted strong growth, with net assets rising by 66.8 per cent from Ksh.4.11 billion to Ksh.6.85 billion. Active membership stood at 23,001 at the end of 2025, compared to 23,787 the previous year. During the period, the scheme admitted 3,467 new members, while 4,253 exited.

CPF Group's Shariah-compliant pension product, the Salih Fund, continued its upward trajectory, recording a 34.1 per cent increase in net assets from KSh6.54 billion to KSh8.77 billion. Membership also rose from 9,895 to 10,704.

Meanwhile, the Post-Retirement Medical Scheme (PRMS), which is now in its third year of operation, grew its assets from KSh102.57 million to KSh164.28 million as membership increased from 464 to 497.

The LAPTRUST Defined Benefit Scheme remained financially stable despite higher benefit payments and accounting provisions, ending the year with total assets of KSh31.39 billion and net assets of KSh27.68 billion. Active membership declined to 12,835 from 13,782, reflecting retirements and natural attrition associated with a mature pension scheme.

CPF Group Managing Director and Chief Executive Officer Dr. Hosea Kili attributed the strong performance to growing public confidence in retirement savings and the Group's focus on developing products that meet the changing needs of savers.

"Retirement planning in Kenya is evolving, with savers increasingly seeking innovative solutions that address their unique financial needs. The strong performance across our Schemes reflects the trust our members place in us and reinforces our commitment to expanding pension inclusion and delivering retirement solutions that enable more Kenyans to retire with dignity and financial security," said Dr. Kili.

LAPTRUST Chairperson Winfred Mbai said the Board would continue prioritising sound governance and prudent investment decisions to safeguard members' retirement savings.

"As a Board, our responsibility goes beyond safeguarding retirement savings. We are building institutions that can deliver sustainable value for generations of members. Strong governance, prudent investment decisions and a long-term outlook will remain fundamental as we continue to strengthen retirement outcomes for our members and contribute to the growth of Kenya's pension sector," she said.

CPF Group said it will continue expanding retirement coverage through its Strategic Plan 2024–2028 by strengthening customer engagement, driving innovation and forging strategic partnerships.

The Group currently administers pension funds with a combined net fund value of more than Ksh.112 billion and serves over 150,000 members across Kenya.