The retirement benefits levy is imposed under Section 16 of the Act and is payable as per the rates prescribed under Regulations forms and fees:


Size of Scheme Fund as indicated in latest
Audited Accounts
Kenya Shillings)
Annual Levy Rate -
Percentage of Fund
Upto 500 million 0.2%

More than 500 million but not exceeding 1,000 million

More than 1,000 million but not exceeding 5,000 0.1%
More than 5,000 million 0.05%