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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

1  Jacob Omulo BOT chairman & Member elected trustee
2  Justina Korir Member elected trustee & Trust Secretary
3 Dr. John Ondigo Onsati Sponsor nominated Trustee
4 Dr. Mercy Karogo Sponsor nominated Trustee
5 Dr. Ibrahim Otieno Sponsor nominated Trustee
6 Dr. Joel Mabonga Sponsor nominated Trustee
7  Jackline Luvanda Member elected trustee
8 Augustine Owiny Member elected trustee
9  Kanyi Gioko Member elected trustee

Pension Officer
Ms. Deborah Lameck


Scheme 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.

 

Britam Asset Managers
Britam Centre
Ragati Road Junction, Upperhill
P.O Box 30375-00100
Nairobi.

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

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

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

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