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 FundUpto 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%
