Railway pension puts land on sale to meet RBA rules

Only 30 per cent of any fund’s assets should be held in a non-liquid form. FILE PHOTO | NMG

Cash-strapped railway pension scheme is disposing of two prime Nairobi plots to shore up its cash reserves and comply with the watchdog asset mix guidelines.

The 10,000 member-strong scheme’s properties are located in Upper Hill and the high-end Hurlingham residential-cum-commercial areas.

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