Frequently Asked Questions
Answers to the questions members ask most.
The Kenya School of Government Staff Retirement Benefits Scheme is a defined contribution retirement scheme for staff of the Kenya School of Government. Members and the employer contribute a fixed percentage of salary each month, and the accumulated savings fund retirement benefits.
Complete the nomination of beneficiaries form available in the document library, have it witnessed, and submit it to the scheme office. You can update your nomination at any time.
Annual statements are issued to all members within 30 days of the financial year end and are also available through the member portal.
Administrative and fund management fees are deducted in line with the trust deed and disclosed in the annual report. The scheme benchmarks its fees annually to ensure they remain competitive.
Members contribute 7.5% of their pensionable salary, and the employer contributes 15% — a total of 22.5% each month. Both contributions are invested on your behalf.
Contributions are invested in a diversified portfolio approved by the Board of Trustees, spanning government securities, equities and other permitted assets, as set out in the scheme's investment policy.
You can access your benefits from your normal retirement date, or earlier if you retire early under the rules of the scheme. Benefits are typically paid as a lump sum and/or annuity depending on your election.
In the event of a member's death, the accumulated benefits are paid to your nominated beneficiaries, in line with the scheme rules and the nominated beneficiaries register. Keep your nominations up to date.
Early withdrawal is only permitted in limited circumstances defined by the scheme rules, such as permanent emigration or leaving service. Contact the scheme office for guidance on your situation.
The scheme is overseen by a Board of Trustees, supported by professional fund managers, a custodian, an actuary and the scheme secretariat.
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