State agencies race for TelPosta scheme assets

TelPosta Pension Scheme Administrator Peter Rotich.

Photo credit: Francis Nderitu | Nation Media Group

TelPosta Pension Scheme expects to complete the first tranche of sales of its major property holdings by September 2026, paving the way for a review of payouts to its more than 5,000 members.

The closed pension scheme is negotiating with government ministries to sell four strategic properties, with the transactions expected to unlock about Sh10 billion for reinvestment in more liquid assets and potentially improve returns to members.

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