By Kese Werugha.
Kilifi Teachers Burial and Benevolent Scheme (KTBBS) has approved its budget for the 2018 totalling Sh14.7 million against its total expenditure of Sh14.6 million during the period.
The proposed budget approved during the Annual General Meeting held at Ganze primary school in Ganze Sub-county under the chairmanship of Raymond Ringa revealed that a total of Sh13 million would be received from the 3,100 membership as subscription from the Teachers Service Commission (TSC) during the year.
The Treasurer Patrick Furaha said the medical subscription for the 200 teacher-members in the medical scheme will bring more than Sh528, 000 to the organisation. He said that other sources of income would be from the motor vehicle hire expected to be Sh480, 000 and other items to be hired to the public such as chairs and tents to bring at total of Sh720, 000. Furaha also said that retirement benefits, refunds on death gratuity, transfers and interdiction for the members has been estimated to cost the organization more than Sh315 million during the period.
“Other expenditures allocated are the medical expenses for the members and wages and salaries for the staff estimated to be over Sh1.4 million. Medical expenses alone is estimated to be Sh200, 000, the burial expenses has been allocated Sh2 million for the year 2018,” he said.
According to the report released to the members at the meeting, Furaha said that 58 teachers were paid a total of more than Sh205 million as retirement benefits during the year 2016.
“During the same period the KBBS spent more than Sh1.87 million as burial expenses for 45 teachers who passed away and death benefits of Sh390, 000 was also paid to 17 teachers,” he said.
The report further said that the scheme paid three children of teacher-members Sh13,250 who passed away, under the Child Refund Programme while medical expenses of Sh128,500 was also paid to six teachers during the period and Sh30,700 over-deducted from the teachers salaries was refunded to seven teachers during the period.