The Retirement Benefits Levy

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 million0.2%
More than 500 million but not exceeding 1,000 million0.15%
More than 1,000 million but not exceeding 5,0000.1%
More than 5,000 million0.05%
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