Windfall as 5,000 retired teachers to get Sh1m each

Some of the retired teachers during a past court session in Nakuru. The money will be paid out to the teachers as accumulated arrears, following the revision of their pension, which has been backdated to 2003. [File, Standard]

After waiting for 16 years, over 5,000 teachers who retired in 2003 are now poised to get a windfall of at least Sh1 million each from the pensions department.

According to Director of Pensions Shem Nyakutu, the money will be paid out to the teachers as accumulated arrears, following revision of their pension, which has been backdated to 2003.