×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Property-rich pension funds experience cash flow problems

Kenya Railways Staff Retirement Benefits Scheme pensioners protest outside Treasury, Nairobi, in March 2022. [Edward Kiplimo, Standard]

The cash flow crunch being faced by some of the country's property-rich pension schemes could deepen on the back of the legal hurdles when disposing of their real estate assets, collecting rent and delays by their sponsors to remit pension dues.

These schemes are closed to new members and do not receive new contributions. As such, they solely depend on the sale of properties and rent collections.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Volleyball and Handball
Equity, KCB set to retain their Eldoret volleyball tourney titles
By Ben Ahenda 3 hrs ago
Sports
Why 2025 was a good year for Kenya's polo players
Football
Defending champs KU held by UoE as varsity games kick off in Eldoret
Volleyball and Handball
Equity, KCB set to defend their Eldoret Volleyball tournament