C
Originally published by Capital Business
📰 Read Full Article
business
July 18, 2026
1h ago

Tribunal freezes RBA directive requiring StanChart Pension Fund to reassess retirees’ claims

Tribunal freezes RBA directive requiring StanChart Pension Fund to reassess retirees’ claims

NAIROBI, Kenya, July 18 – The Retirement Benefits Appeals Tribunal has temporarily suspended the implementation of a directive by the Retirement Benefits Authority (RBA) that required the trustees of the…..

✨ Key Highlights

The Retirement Benefits Appeals Tribunal has temporarily suspended a directive from the Retirement Benefits Authority (RBA) ordering the trustees of the Standard Chartered Kenya Pension Fund to reassess retirees' claims. This stay is in effect pending the hearing of an appeal by the pension fund trustees.

  • The directive, issued by the RBA Chief Executive Officer on June 15, 2026, required reassessment of claims lodged by former members not involved in an earlier pension dispute (Civil Appeal No. 8 of 2021).
  • Key individuals involved include the pension fund trustees, led by David Ongolo, and the RBA Chief Executive Officer.
  • The Tribunal, chaired by Charles Mong’are Ongoto, granted the interim orders on July 14, 2026, preserving the status quo.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement
Advertisement