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𝐌𝐈𝐒𝐒𝐈𝐍𝐆 𝐁𝐈𝐋𝐋𝐈𝐎𝐍𝐒: 𝐒𝐄𝐍𝐀𝐓𝐄 𝐋𝐀𝐁𝐎𝐔𝐑 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐏𝐑𝐎𝐁𝐄𝐒 𝐏𝐄𝐍𝐒𝐈𝐎𝐍 𝐒𝐂𝐇𝐄𝐌𝐄 𝐂𝐎𝐋𝐋𝐀𝐏𝐒𝐄 𝐀𝐓 𝐓𝐔𝐊

The Senate Committee on Labour and Social Welfare has launched an investigation into the collapse of the Technical University of Kenya Staff Retirement Benefits Scheme (TU-K SRBS), following a petition by affected workers alleging financial mismanagement spanning over a decade and losses amounting to KES 5.3 billion.

 

𝐂𝐒𝐬 𝐖𝐀𝐑𝐍 𝐁𝐔𝐃𝐆𝐄𝐓 𝐂𝐔𝐓𝐒 𝐖𝐈𝐋𝐋 𝐇𝐈𝐍𝐃𝐄𝐑 𝐂𝐑𝐈𝐓𝐈𝐂𝐀𝐋 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐆𝐑𝐀𝐌𝐌𝐄𝐒

Three Cabinet Secretaries and several Principal Secretaries appeared before the Senate Committee on Labour and Social Welfare, chaired by Sen Julius Murgor (West Pokot), to discuss the 2025 Budget Policy Statement (BPS) and the Medium-Term Debt Management Strategy, warning that budgetary constraints could significantly impact key government programmes.

 

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