The Teachers Service Commission (TSC) has suspended the remittances of 11,310 teachers under the Metropolitan Sacco as of March 31, 2024.

 In a letter sent to the Clerk of the Senate, TSC Chief Executive Nancy Macharia noted that 2,401 tutors are still active members of the Sacco.

“The above-captioned matter and the deliberations from the meeting between the Senate Standing Committee on Trade, Industrialization and Tourism and the Teachers Service Commission held on 26th March 2024 refers.”

This comes even after the Metropolitan National Sacco Society is set to hold its annual general meeting to consider and adopt the annual reports and financial statements for the years ended December 31, 2022, and December 31, 2023.

According to Sacco secretary David Waweru, the 46th Annual General Meeting, which will be held at Kiambu High School Hall on April 24, 2024, starting at 9.00 am, will also consider the appointment of external auditors for the year ending December 31, 2024.

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“Notice is hereby given that the 46TH Annual General Meeting of Metropolitan National Sacco Society Limited will be held at Kiambu high school hall, Kiambu, on Friday APRIL 26 2024 commencing at 9.00 am,” noted Waweru Sacco’s Secretary.

Other agenda items to be discussed during the meeting include considering and adopting the treasurer’s report and confirming the management and supervisory board members.