Regulatory Alerts2023-03-02
Added · Updated
Supervisory Guideline Number RBA 1: Implementation of Regulation 25 (4) of the Retirement Benefits (Occupational Retirement Benefits Schemes) Regulations, 2000 on Trivial Pensions
The Retirement Benefits Authority has established the trivial pension threshold at Kenya Shillings 4,802, representing fifty percent of the current average minimum wage. This determination is made under the authority of section 55 (3) of the Retirement Benefits Act following the amendment of Regulation 25 (4) by Legal Notice No. 88. The new trivial pension limit is effective retrospectively from 10th June 2010.
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