By Jessica Nyaboke
TelPosta pensioners in Uasin Gishu County have applauded plans to dispose of some of their assets so that they are able to benefit from the returns.
According to the administrator of TelPosta Pension Scheme, Peter Rotich, residential assets which members invested in do not yield much.
Speaking to the Media in Eldoret, Rotich said, “We can sell the property to the government and then remit the money to the pension scheme.”
Why is TelPosta Pension Scheme selling its assets?
He said to date, no one is remitting money into the scheme, yet the projects they invested in were meant to generate income for the members.
“No one is depositing money to maintain the scheme,” the administrator revealed.
One of the pensioners, Joshua Rotich, noted that since he retired, life has been fair because he invested in himself.
Rotich further pointed out that once Teleposta disposes of its property, it will get higher returns.
Similar sentiments were shared by Elizabeth Kiptalla, who is also a pensioner.
She noted that her investment in the pension scheme has enabled her to get her pension regularly.
Meanwhile, retirees have been urged to take care of their bodies during their retirement by being careful with their diet.
TelPosta Pension Scheme is in charge of pension and other retirement benefits of the employees and former employees of Kenya Posts and Telecommunications Corporation.
The scheme holds a diverse portfolio of assets, primarily concentrated in real estate, though it is actively divesting properties to comply with regulatory limits and improve liquidity.
Which assets does TelPosta Pension Scheme own?
As of 2025, Ksh 12.2 billion of the scheme’s total Ksh 14.76 billion in assets were invested in property, representing 83% of its portfolio.
They include Telposta Towers in Nairobi, valued at Ksh 6.5 billion. The 29-floor building on Kenyatta Avenue hosts 10 government ministries and agencies, paying Sh60 million monthly rent.
The scheme also owns 129 homes in Nairobi (Jogoo Road), 100 houses in Makande, 88 in Bombolulu, and 40 in Aga Khan (Mombasa), plus Gilgil GTD Flats in Nakuru.
Other assets include plots in Kisii and additional properties in Nakuru, Nyeri, and other counties.
The scheme holds only Sh7.1 million in cash and bank deposits as of 2025, down from Sh2.7 billion in 2024, reflecting declining liquidity due to pension payments and administrative costs.
