Judiciary get mortgage plan
12 December 2011, 10:21
, mortgageNairobi - The Daily Nation reports that the judiciary staff are to benefit from a Sh20 million mortgage scheme as part of efforts by the Judicial Service Commission(JSC) in a bid to improve their terms and conditions of service.
Chief Justice Willy Mutunga, said the scheme will start on January 1, 2012, and that it is the first time since independence that judicial officers will be entitled to a mortgage scheme.
The maximum repayment of the mortgage is 25 years or the period remaining to retirement, and shall enable them buy ready constructed houses, finance plot purchase and get loans to build houses.
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