Fresh review of ex- StanChart staff' pension row legal costs
Nairobi, Aug. 24 -- The High Court has ordered a fresh assessment of legal costs after a tribunal slapped Standard Chartered Bank Kenya with a Sh709 million bill for a case concerning underpaid pension benefits claimed by 629 former employees.
The court said the Retirement Benefits Appeals Tribunal failed to allow the bank to challenge how the costs were calculated before incorporating them into its June 18, 2025 decree.
The ruling does not disturb the pension award to the 629 former employees. It only removes the costs component and sends that issue back to the Tribunal for fresh determination.
The dispute stems from changes to the bank's pension arrangements and has moved through the Retirement Benefits Authority, the Tribunal, the H...
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