Retirement Benefits Options

Course Overview
This course provides a clear understanding of the various retirement benefit options available to members of pension schemes. Learners will explore how different payout structures work, the factors to consider when selecting an option, and how to make informed decisions that align with long-term financial goals.

Key Topics Covered

• Overview of retirement benefit options in Kenya

• Lump-sum payments vs. periodic annuities

• Deferred and phased retirement benefits

• Factors influencing benefit selection (age, income needs, dependents)

• Tax implications and regulatory guidelines

• Role of trustees and administrators in processing benefits

• Making informed choices for long-term financial security