Functions of Retirement Benefits Authority Kenya

Functions of Retirement Benefits Authority Kenya

The functions of the Retirement Benefits Authority as stipulated under section 5 of the Act is to:

  1. Regulate and supervise the establishment and management of retirement benefits schemes;
  2. Protect the interests of members and sponsors of retirement benefits sector;
  3. Promote the development of the retirement benefits sector;;
  4. Advise the Minister on the national policy to be followed with regard to retirement benefits schemes and to implement all Government policies relating thereto; and
  5. Perform such other functions as are conferred on it by this Act or by any other written law.Establishment of the Retirement Benefits Authority

Establishment of the Retirement Benefits Authority Kenya

Retirement Benefit Authority  is a State Corporation established under section 3 of the Retirement Benefits ACT Chapter 197 of 1997, with the main objective of regulating and supervising the Retirement Benefits industry.

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Retirement Benefits Authority Vision:

A dynamic and secure retirement benefits sector.

Retirement Benefits Authority Mission:

To develop, safeguard and deliver value to the retirement benefits sector through excellence in service delivery.

Retirement Benefits Authority Core Values

Firmness and fairness
Transparency and accountability
Innovation and dynamism
Proficiency in quality service delivery

Retirement Benefits Authority Quality Policy:

Committed to continued excellence delivery by upholding professionalism, integrity and sensitivity to stakeholders interests.



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