Retirement: Wasted years as trustees and regulator frustrate pensioners

Teleposta towers, which was owned by Telkom Kenya's pension scheme (File, Standard)

When Festus Langat joined the East African Post and Telecommunications Ltd in 1975 which later became Kenya Posts and Telecommunications Corporation as a young and strapping Post-Master, everything looked bright for him. He had secured a good job with the government, something his peers envied him for.

He was destined for a bright future. He never thought much about retirement, neither did he even consider losing his job through a redundancy.