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Kenya Railways Scheme clears Sh200m arrears

Kenya Railways Staff Retirement Benefit Scheme (KRSRBS) has paid out Sh200 million in pension arrears, bringing to a close a long wait by more than 8,500 pensioners.

The pension fund, which boasts over Sh30 billion in assets, has been dogged with controversies, delaying payments to its ageing former workers by over a decade.

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