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 0.15% More than 1,000 million but not exceeding 5,000 0.1% More than 5,000 million 0.05%
