RBA orders KNH to pay 114 retired staff Sh126m - News Summed Up

RBA orders KNH to pay 114 retired staff Sh126m


By RICHARD MUNGUTIMore by this AuthorThe Retirement Benefits Authority (RBA) has directed Kenyatta National Hospital (KNH) to pay 114 former employees a total of Sh126 million in terminal dues. The complainants in the matter were members of the KNH Staff Superannuation Scheme (KNHSSS). Mr Koceyo said the trustees reduced amounts payable by invoking the amended 2016 Trust Deed and Rules (TDR) instead of using the 2012 TDR. The amended rules affected the accrued benefits paid to employees who retired between 2011 and 2017. Mr Koceyo further said the amended rules were used prospectively instead of retrospectively.


Source: Daily Nation April 30, 2019 15:33 UTC



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