The Retirement Benefits Authority (RBA) has directed trustees of Standard Chartered Kenya Pension Fund to undertake an independent review of claims raised by a section of the bank’s former employees who have asked to be compensated for past undervalued pensions.
They include over 500 former StanChart staff who were not part of a group of 629 colleagues who won a Sh2.4 billion tribunal suit against the lender for their undervalued dues.
