NAIROBI, Kenya, Oct 6 – The Standard Chartered Kenya Pension Fund will resume the verification exercise for 629 appellants in the long-running 2021 pension dispute, following a High Court ruling that lifted a temporary injunction which had halted the process.
In a public notice issued Monday, Fund Chairman David Ong’olo announced that the verification process which had been paused after the injunction would now proceed at Almary Green Business Park in Nairobi between October 6 and 9, and on October 13, from 9 a.m. to 4 p.m. daily.
“Following the ruling issued by the High Court of Kenya at Nairobi on 2 October 2025, which lifted the temporary injunction restraining the Fund from executing the previous Public Notice published on 12 September 2025, the Fund will now resume the verification exercise,” read the notice in part.
“We are committed to ensuring a seamless verification process for the 629 Appellants in RBAT Appeal No. 8 of 2021.”
The verification aims to confirm the identities and documentation of the former employees involved in the case before payment processing begins.
Appellants are required to present themselves with the necessary documents as outlined in the September 12 notice.
The 629 appellants are former employees of Standard Chartered Bank Kenya who have been embroiled in a four-year legal battle over the computation of their retirement benefits.
The dispute, filed as Retirement Benefits Appeals Tribunal (RBAT) Appeal No. 8 of 2021, alleged that the bank undervalued their dues when it converted its pension scheme from a defined benefit to a defined contribution plan in 1999.
In April 2022, the RBAT ruled in favour of the appellants, directing that their pensions be recalculated to include cost-of-living adjustments, housing allowances, and other benefits previously excluded.
The Tribunal also ordered that over Sh1.1 billion in “surplus funds” be returned to the scheme with interest.
Standard Chartered challenged the decision in the High Court, the Court of Appeal, and finally the Supreme Court, all of which upheld the Tribunal’s ruling, the Supreme Court dismissing the bank’s petition on September 5, 2025, for lacking constitutional merit.
The High Court later issued an injunction temporarily halting the verification exercise pending consolidation of related cases, but the order was lifted on October 2, allowing the Fund to proceed.
The matter continues to attract attention, as 629 former employees have also demanded inclusion in the recalculation, arguing that the same pension errors affected their payouts.
The High Court has also deferred a separate decision on interest accruals related to the delayed payments.
