This vital course, “Evolving RBS Scheme Challenges,” offers a timely and strategic deep dive for pension trustees, service providers, and all stakeholders navigating the complex and dynamic landscape of retirement benefit schemes in Kenya. Recognizing that the pension sector, with Kshs. 1.58 trillion in assets, faces constant evolution; this course provides a comprehensive analysis of both existing and emerging challenges. Participants will gain a fundamental understanding of the core principles of a robust pension system, including coverage, adequacy of benefits, financial sustainability, and administrative efficiency. The curriculum meticulously explores the impact of the NSSF Act, 2013, detailing its implications for increased contributions, improved coverage, and its potential to mobilize more retirement savings for national development. Crucially, the course addresses key operational and strategic hurdles such as poor investment outcomes in volatile markets, limited investment options, liquidity issues in Defined Benefit (DB) schemes, and the complexities of property investments. By also examining the impact of legislative changes, governance issues, and the increasing expectations of members, this course equips learners with the foresight and practical strategies to mitigate risks, drive continuous improvement, and ensure the long-term security and growth of pension benefits in a rapidly changing environment.

Key Topics.

Principles and Objectives of Pension
Pension Sector Statistics – Dec 2022
The NSSF Act, 2013 Effect
Investment of Pension Funds
Future Investment Considerations
Updates on Policy and Regulatory Changes
Introduction to Evolving Challenges
The Changing Pensions Landscape
Challenges & Mitigating Factors