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Telposta scheme spends Sh532m to ward off grabbers and collect rent
TelPosta Pension Scheme (TPS) members in attendance during the unveiling of its new brand identity and the launch of a nationwide Member Education Initiative held on March 17, 2026 at the KICC.
Photo credit: Francis Nderitu | Nation Media Group
The Telposta Pension Scheme has little cash holdings and has invested 83 percent of its assets in properties, reducing its liquidity and diversification while breaching asset allocation rules by the Retirement Benefits Authority (RBA).
It has also spent Sh532.3 million in legal costs to enforce rent payment and ward off grabbers, underlining the burden of overinvestment in real estate.
