Employee Benefits in Kenya 2018

Market: Financial Services

Kenya, 43 pages report, published by GlobalData

Report ThumbnailMay-2018
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

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  • List of Figures
  • Figure 1: Kenya - Main Institutions of Social Security System
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  • 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
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  • 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
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