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Originally published by Capital News
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March 30, 2026
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Telposta Pension Scheme to Sell Property Assets to Boost Pension Payments

Telposta Pension Scheme to Sell Property Assets to Boost Pension Payments

The decision comes as the scheme seeks to align with guidelines set by the Retirement Benefits Authority. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Telposta Pension Scheme (TPS) will sell part of its extensive property assets to improve cash flow and ensure timely pension payments to its members. This strategic move comes as TPS aims to comply with the Retirement Benefits Authority (RBA) guidelines and address liquidity issues caused by significant property investments.

  • Approximately 80 percent of TPS investments are currently in property, exceeding the RBA's recommended 30 percent limit.
  • TPS Administrator Peter Rotich announced the structured plan to gradually dispose of selected properties.
  • The scheme is owed over Sh276.9 million in unpaid rent as of December 2024, highlighting challenges in property management.

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