Technical University of Kenya,Technical University of Kenya Staff Retirement Benefits Scheme Stories
The move follows revelations that Sh244 million deducted from employees’ salaries between 2009 and 2013 was never remitted into the registered scheme.
The institution reportedly failed to remit staff contributions for years, with funds deposited into an unregistered and non-compliant account.
According to the budget estimates, Moi University’s recurrent budget will drop from Sh3.3 billion to Sh1.96 billion in the next fiscal year.
The MPs sitting on the committee, chaired by Bumula MP Wanami Wamboka, ordered an immediate forensic audit of the university’s finances dating back to...
The Retirement Benefits Authority (RBA) told the committee that TUK stopped complying with the required contributions in 2013, and since then, no prop...
The committee was shocked to learn that for 15 years, the university deducted employee contributions but failed to remit both employee and employer co...
Some had not paid their rent and were on the verge of being evicted. Others could not afford medical bills, while some were running out of food suppli...
The dons declared their frustration with the government and the university's administration over several issues including unpaid salaries dating back...
The Unions decried that the delayed salaries have compounded financial challenges for TUK workers, with unions pointing to the non-remittance of statu...
