Employee Benefits in Kenya 2018
Summary
Kenya’s social security system is considered important for the security of workers, their families and the community as a whole. The Kenyan social security system is divided into three pillars - a public scheme, occupational schemes and individual schemes.
The report provides in-depth industry analysis, information and insights of the employee benefits in Kenya, including: overview of the state and compulsory benefits in Kenya, detailed information abou
Read More
- List of Tables
- Table 1: Insurance Industry Definitions
- Table 2: Kenya - Country Statistics
- Table 3: Kenya - Taxation of Lump-sum Benefits Paid Under Tax-qualified Plans
- Table 4: Kenya Retirement Benefits - Contribution Rates
- Table 5: Kenya Retirement Benefits - Tier One and Tier Two Contribution Rates
- Table 6: Kenya Retirement Benefits - Taxation Under Tax-Qualified Plans, January 1, 2018
- Table 7: Kenya Short-term Sickness Benefits - Contribution Rates
- Table 8: Kenya Medical Benefits - Co-paymen
Read More
- Table of Contents
- 1 EXECUTIVE SUMMARY
- 2 INTRODUCTION
- 2.1 What is this Report About?
- 2.2 Definitions
- 3 COUNTRY STATISTICS
- 4 OVERVIEW OF EMPLOYEE BENEFITS IN KENYA
- 5 REGULATIONS
- 6 STATE AND COMPULSORY BENEFITS
- 6.1 Retirement Benefits
- 6.1.1 Introduction
- 6.1.2 Types of Retirement Plan
- 6.1.3 Eligibility
- 6.1.4 Age
- 6.1.5 Benefits
- 6.1.6 Typical Employer Practice
- 6.1.7 Payment Options
- 6.1.8 Employee and employer contributions
- 6.1.9 Taxation
- 6.2 Death in Service
- 6.2.1 Introduction
- 6.2.2 Eligibility
- 6.2.3
Read More