The Defined Contributions (DC) Scheme is an occupational Scheme of KenGen staff and has 2,589 members with KES 11.99B in assets under management (AUM) as at 30th June 2024. The DC Scheme was established with effect from 1st January 2012 and is governed by its Trust Deed and Rules (TDR). The objective of the Scheme is the “provision of retirement benefits to employees of the sponsor and the participating employers upon their retirement or earlier withdrawal and to the dependents of deceased members” as provided in the Trust Deed of the Scheme.

Our Vision

To be a leading pension Scheme in the region that provides best-in-class service to its members.

Our Mission

To provide the best retirement benefits to members through prudent investments.

Our Values

  • Customer focus
  • Integrity
  • Innovation

History

The Scheme was established on 1st January 2012 after the National Treasury issued a circular notifying all Schemes to close the DB Scheme with effect from 31st December 2012 to new entrants, migrating members below the age of 45 years to the DC Scheme and giving the option of moving to the DC Scheme or staying in the DB Scheme for those above 45 years.