NAIROBI, Kenya, July 27 \u2013 KenGen Staff Retirement Benefit Scheme has disposed of two commercial properties for Sh1.9 billion as the pension fund shifts its investment strategy towards more liquid assets to strengthen cash flow and support future benefit payments.<\/p>\n
The properties, Pension Plaza One and Pension Plaza Two in Nairobi\u2019s Parklands area, were sold during the 2025 financial year, with the proceeds earmarked for new investment portfolios offering higher liquidity as well as income-generating assets.<\/p>\n
According to the Scheme\u2019s latest annual report, the funds have already been reinvested into fixed-income and money market instruments.<\/p>\n
\u201cDuring the year, proceeds from the Pension Plaza divestiture were successfully redeployed into higher-yielding fixed income and money market investments, improving portfolio liquidity and income generation,\u201d the report states.<\/p>\n
The report shows the pension fund\u2019s total assets stood at Sh10.041 billion, supported by gross income of Sh865 million and a net investment return of Sh1.46 billion during the year.<\/p>\n
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The Scheme also paid Sh937 million in retirement benefits to pensioners and beneficiaries while continuing to invest in member education through pre-retirement seminars and financial literacy programmes.<\/p>\n
\u201cDuring the year, the Scheme paid KES 937 million in benefits to retirees and beneficiaries while continuing to enhance member engagement through education forums, pre-retirement seminars and financial literacy programmes conducted across Sponsor stations,\u201d the report says.<\/p>\n
It added that participation in the Scheme\u2019s activities continued to improve as more members engaged with its education and awareness programmes.<\/p>\n
\u201cMember participation in Scheme activities continued to improve, reflecting growing awareness and confidence in the services offered by the Scheme,\u201d the report added.<\/p>\n","protected":false},"excerpt":{"rendered":"NAIROBI, Kenya, July 27 \u2013 KenGen Staff Retirement Benefit Scheme has disposed of two commercial properties for Sh1.9…\n","protected":false},"author":2,"featured_media":713816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-713815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/713815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=713815"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/713815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/713816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=713815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=713815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=713815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}