Retirement Benefits Authority was established under the Retirement Benefits Act, Cap 197 No. 3 of 1997 to regulate and supervise establishment and management of retirement benefits schemes; protect the interest of members and sponsors of retirement benefits schemes; approve trustees’ remuneration approved by members during the annual general meeting after every three years; promote development of the retirement benefits sector; and, advise the Cabinet Secretary of The National Treasury on the national policy to be followed with regard to the retirement benefits sector.
In line with the Statutory Instruments Act No. 23 of 2013 and Article 118 of the Constitution on consultation before making statutory changes, the Retirement Benefits Authority wishes to invite the public particularly, the stakeholders in the Retirement Benefits sector on the proposed policy changes during public stakeholders’ engagement forums in various towns as per the schedule below.
Government gives nod to the National Retirement Benefits Policy
By Leviticus Adaki The National Treasury and Economic Planning has published the National Retirement Benefits Policy, a comprehensive framework aimed at harmonizing, coordinating, and enhancing
