The newly elected trustees of the Kenya Broadcasting Corporation (KBC) Pension Scheme have vowed to champion the release of KSh 3.27 billion owed to the scheme by the broadcaster. Speaking at the Broadcasting House in Nairobi shortly after their election victory, Graham Kirwa, Martin King’asia, and Silas Kiragu pledged to take decisive action to resolve the long-standing pension arrears.
The trustees, who will serve for a three-year term, emphasized the urgent need to address the prolonged delays in pension payments, which have adversely affected many retirees. They affirmed their commitment to protecting the welfare of pensioners by engaging relevant authorities to fast-track the settlement of the outstanding dues.
“The delay in releasing these funds continues to burden our members, many of whom depend solely on their pension for survival. We are determined to ensure that justice is served and the matter resolved without further delay,” said Kirwa on behalf of the trio.
In a bid to enhance transparency and foster trust, the new trustees promised to provide a comprehensive report to scheme members after one year, detailing the progress made in pursuing the unpaid funds. This commitment to accountability was welcomed by scheme members, many of whom have long demanded better communication and representation from their trustees.
Additionally, the team called for the immediate ratification of previously passed resolutions aimed at improving the efficiency of the pension scheme. They noted that delays in implementing these resolutions had contributed to administrative bottlenecks and urged all stakeholders to work together for the smooth operation of the fund.
The trustees also expressed gratitude to KBC pension scheme members for their overwhelming participation in the elections, which recorded an impressive 94% voter turnout. They hailed the exercise as a sign of growing trust in the governance of the pension scheme and a mandate to deliver meaningful results.
As they begin their term, the new KBC pension trustees face a crucial task restoring financial stability to the scheme and ensuring that pensioners receive what is rightfully theirs, without further delay.
