State owned Kenya Broadcasting Corporation (KBC) employees have moved to court against their bosses over a contention of pension funds amounting to Ksh2.7 billion.
According to a report by a local Media house, the employees, under the KBC Staff Retirement Benefits Scheme, claimed that they were afraid of losing their retirement benefits accusing the broadcaster of failing to remit deductions.
They filed a suit against the broadcaster at the Employment Court in Nairobi with one of the employees explaining the plight of a majority of employees said to be over 48 years of age.
“At least 70% of KBC employees are aged over 48 years and are living in fear of retirement given that they will neither receive pension lump sum nor be eligible for pension income because of the financial damage directly caused by the state broadcaster,” stated Jane Kiambi.
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