The Secretariat Team
ABOUT
KenGen Staff Retirement Benefits Scheme
ABOUT
The organization is in charge of prudent investment of members contributions in high interest yielding investments and safeguards the same investments to provide benefits to members. The organization is composed of two schemes that is the Defined Benefits (DB) Scheme and Defined Contributions (DC) Scheme. Both Scheme are registered with Retirement Benefits Authority and Kenya Revenue Authority. There are different classes of members that is:
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Active Members
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Deferred Members
0
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Dormant Members
0
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Pensioners & Beneficaries
0
Our Mission
To be the leading Scheme in the region that provides best in class service to its members
Our Core Values
Customer-focus, Integrity and Innovation
Our Vision
To deliver on its commitments through prudent investments
The vision and mission of the DB Scheme is driven by Strategic Plan: 2019 - 2028 which focuses on 3 pillars
- Align Investment to Scheme Liabilities
- Improve Member Services and Cost Management
- Optimize Human Resources and Governance Functions
The vision and mission of the DC Scheme is driven by Strategic Plan: 2019 - 2028 which focuses on 3 pillars
- Align Investment to Achieve High Returns While Protecting Capital
- Improve Member Services and Cost Management
- Optimize Human Resources and Governance Functions
Both Schemes are administered as follows:
The Scheme recognizes the way we do business is critical in order for us to earn and maintain the respect and trust of all stakeholders including our Members, Sponsor, Suppliers and Community.
The Scheme's Board and Management are committed to conducting business in an ethical, fair and transparent manner in accordance with high standards of corporate governance. The Board, together with the management team, leads by example where we have a robust corporate governance framework in place and we are committed to fostering a culture of compliance that values personal and corporate integrity, accountability and continuous improvement.
The Board is constituted in accordance with the Trust Deed and Rule together with RBA Guidelines where the skill matrix is also taken into consideration to ensure that the Board has the necessary skill set to carry out their duties and responsibilities. Meetings are also conducted in accordance with good governance practices and the same reported to members. More information can be accessed in the code of corporate governance and annual reports under the media center section.
