This essential e-learning course, “Emerging Legal Aspects of Pensions,” offers a timely and in-depth exploration of the dynamic legal landscape impacting pension schemes in Kenya. Designed for pension trustees, administrators, service providers, and members, it addresses recent pivotal developments that redefine obligations, rights, and operational frameworks. The course begins with a critical analysis of the NSSF Act, 2013, tracing its constitutional basis, legal challenges, and ultimate enforcement, including a detailed look at revised contribution rates and the “contracting-out” mechanism. Participants will then delve into the newly introduced Guidelines on Trustee Remuneration Policy, 2023, understanding their implications for trustee compensation and scheme expense management, all aimed at fostering greater transparency and accountability. Finally, the curriculum provides crucial insights into the recent amendments touching on early access to pension benefits, equipping learners with the knowledge to navigate these significant changes. By mastering these emerging legal aspects, stakeholders will be empowered to ensure compliance, mitigate risks, and safeguard the long-term integrity and security of pension benefits in a continuously evolving regulatory environment.

Key Topics

• The NSSF Act, 2013
• Salient Features of the NSSF Act
• Revised NSSF Contribution Rates & Penalties
• Contracting-Out
• Sample Calculation of NSSF Contributions
• Supervision of the NSSF Fund
• Access of Funds under NSSF Act
• Trustees’ Remuneration Policy and Schemes Expenses 2023