A decision by the Retirement Benefits Authority (RBA) will see the Government pay Sh1 billion to former employees of the defunct Kenya Posts and Telecommunications Corporation (KPTC) in pension benefits.
The order made yesterday and signed by RBA acting Chief Executive Nzomo Mutuku, will see the State pay the money to 500 employees of KPTC, who were absorbed in the Postal Corporation of Kenya (PCK) when the former was split 19 years ago.