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KNEC-SRBS

KNEC-Staff Retirement Benefit Scheme

VISION

“Superior benefits for dignified retirement”

MISSION

"To successfully and prudently manage scheme benefits through ethical standards."

SLOGAN

BETTER FOR LIFE

VALUES

  1. Integration: the trustees and service provider uphold the highest standard of integration in the management of the schemes funds.
  2. Accounting: the trustees and service providers make decision for the best interest of the members and thus expected to be accounted for all the decision made.
  3. Innovation: the trustee and service provider are expected to consult seek new ideas and opportunities to grow the scheme funds and improve management of the scheme for the benefit of the members.
  4. Professionalism: the trustees and service providers to carry out their duties in line with professional and statutory guidelines, rules and regulations.
  5. Team spirit: the trustee team to work together by complement and supporting each other for the benefit of the members.
  6. Customer focus: scheme members are the primary customer and therefore at all times the trustee will consider the best way in which to serve and meet the needs of the customer/ scheme members.

GOAL

The main goal of the scheme is to provide retirement and other benefits for KNEC staff and their respective dependents on a sustainable basis.

CORE FUNCTIONS.

  1. To register members.
  2. To invest members’ contribution.
  3. To keep custody of scheme assets.
  4. To pay benefits to members and their dependents.
  5. To educate members.
  6. To ensure audit of scheme.
  7. To comply with the retirement Benefit Authority (RBA) to comply with the National Treasury requirements, Income Tax Act requirements and any other legislative requirement.

 

Board Of Trustees

Mr. Justus Wabwile                      - BOT Chairman &Member elected Trustee
Prof. George A.O. Magoha          -  Sponsor nominated Trustee
Dr. Mercy Karogo                         -  Sponsor nominated Trustee
Dr. Julius O. Jwan                       -   Sponsor nominated Trustee
Dr.John Ondigo  Osati                -   Sponsor nominated Trustee
Ms.Justina  Korir                         -   Member elected Trustee and Trust Secretary
Ms. Crucifixa Makunda              -   Member elected Trustee
Mr.Jacob Omulo                          -   Member elected Trustee

Pension Officer
Ms. Deborah Kerubo

Service Providers

Investment managers
GenAfrica Assets Managers Limited
1st Floor, Arlington Block,
14 Riverside
Business Park, Off Riverside Drive
P.O. Box 79217-00200
Nairobi.

African Alliance Kenya Investment Bank Limited
4th Floor, Kenya Re Towers Upper Hill
Off Ragati Road
P.O. Box 27639-00506
Nairobi.

Custodians
Stanbic Bank of Kenya Limited
Stanbic Bank Centre
Chiromo road
P.O. Box 30550 – 00100
Nairobi.

Auditors
Maingi & Associates
Certified Public Accountants (Kenya)
3rd Floor, Pension Towers, Loita Street
P.O. Box 76172 - 00508
Nairobi.

Administrator
Zamara  Administrators and Consultants Limited 10th Floor, Landmark Plaza
Argwings Kodhek Road, Opposite Nairobi Hospital
P.O. Box 52439-00200 City Square Nairobi.

Actuaries
Zamara Actuaries and Consultants Limited
10th Floor, Landmark Plaza
Argwings Kodhek Road, Opposite Nairobi Hospital
P.O. Box 52439-00200 City Square
Nairobi.