Research Findings Dissemination Forums

This is to invite trustees and members of schemes to Research Findings Dissemination Forums that will be held in Kericho, Kakamega, Meru, Kilifi and Machakos during the month of June 2023. [wpdm_package id='36717']  

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Retirement Benefits Authority Conducting Members’ Survey to Assess Awareness of Rights and Obligations

The Retirement Benefits Authority (RBA) is taking a proactive approach to ensure that retirement benefits scheme members are aware of their rights and obligations. The Authority is undertaking a members' survey during the financial year 2022/2023, with the aim of establishing the level of awareness among members. To achieve this goal, the RBA has enlisted the services of Research Assistants…

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FILING OF SCHEME ACCOUNTS AND PAYMENT OF THE RETIREMENT BENEFITS LEVY The Retirement Benefits Authority would like to bring to the attention of Trustees, scheme administrators and other service providers of retirement benefits schemes whose financial year ended on 31st December 2022, the following provisions of the Retirement Benefits Act, 1997 and the Regulations therein: Section 34(4) of the Act…

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Public Participation Forums – PRMF Regulations

Pursuant to Section 55(3) of the Retirement Benefits Act, the Retirement Benefits Authority has drafted a Post-Retirement Medical Funds Regulations and hereby invites the members of the public and more particularly, the stakeholders in the retirement benefits sector to attend and participate in the public forums and submit their views as scheduled hereunder: S/NO REGION DATES VENUE 1. Kisumu 6th…

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Notice to stakeholders on NSSF Act 2013

Pursuant to the provisions of Regulation 21 and the Fourth Schedule of the National Social Security Fund Act No. 45 of 2013 which came into effect on 1st June 2014, and the Court of Appeal decision delivered on 3rd February 2023, the Retirement Benefits Authority would like to bring to the attention of Employers, Trustees and Administrators of Retirement Benefits…

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Update on the Retirement Benefits (Mortgage Loans) (Amendment) Regulations 2020

The Retirement Benefits (Mortgage Loans) (Amendment) Regulations 2020 came into force on 14 September 2020 following an amendment to Section 38 (1A) of the Retirement Benefits Act, through the Tax Laws Amendment Act, 2020. The Regulations amended the Retirement Benefits (Mortgage Loans) Regulations, 2009 and made it possible for scheme members to withdraw up to 40% of their accrued benefits,…

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RBA Appoints Charles Machira as New Chief Executive Officer

The Retirement Benefits Authority’s Board of Directors have appointed Mr. Charles Machira as the Chief Executive Officer. The board said Mr. Machira emerged the successful candidate during the recently concluded interviews. His appointment takes effect from 1st December 2022. Mr Machira has been the acting chief executive officer since 1st March 2022. Until his appointment he was the Chief Manager,…

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RBA announces research findings dissemination forums

Retirement Benefits Authority will release research findings at meetings in Eldoret, Mombasa, Nairobi, Nakuru and Nyeri. The meetings will be held in October and November at venues to be announced. The meetings are aimed at retirement benefits schemes’ members and trustees. The Authority will present findings from research it carried out on topics affecting retirement benefits. For more information ……

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Death Announcement

outgoing Chief Executive Officer  (CEO), Nzomo Mutuku. The Retirement Benefits Authority (RBA) regrets to announce the untimely death of the outgoing Chief Executive Officer  (CEO), Nzomo Mutuku. The late Nzomo has served the Authority for more than 20 years.   He was instrumental in the founding of the Authority, initially headed the Research &  Policy function, and subsequently rising to the…

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