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:

  • Active Members
  • Deferred Members
  • Dormant Members
  • Pensioners (for DB Scheme only)

DB Scheme

The Vision, Mission and Values of the DB Scheme is as follows:

db vision
Vision

To be the leading DB Scheme in the region that provides best in class service to its members

db mission Icon
Mission

To deliver on its commitments through prudent investments

db values
Values

Customer-focus, Integrity and Innovation

The vision and mission of the DB Scheme is driven by Strategic Plan: 2019 - 2028 which focuses on 3 pillars
  1. Align Investment to Scheme Liabilities
  2. Improve Member Services and Cost Management
  3. Optimize Human Resources and Governance Functions

DC Scheme

The Vision, Mission and Values of the DC Scheme is as follows:

DC Vision
Vision

To be the leading pension Scheme in the region that provides best in class services to its members

DC Mission
Mission

To provide the best retirement benefits to members through prudent investment

DC Values
Values

Customer-focus, Integrity and Innovation

The vision and mission of the DC Scheme is driven by Strategic Plan: 2019 - 2028 which focuses on 3 pillars
  1. Align Investment to Achieve High Returns While Protecting Capital
  2. Improve Member Services and Cost Management
  3. Optimize Human Resources and Governance Functions

Both Schemes are administered as follows:

Scheme Administration

Corporate Governance Statement

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.