About

Call Us:  0719314249 | Email: admin@krsrbs.co.ke | 

English Swahili

Vision :  To be a model retirement benefit scheme providing comfort and dignity to members

Mission:  To efficiently manage the resources of the scheme to enable it to optimally discharge its obligations to its members

The Kenya Railways Staff Retirement Benefit Scheme (“Scheme”) was established in July 2006. Previously the Kenya Railways Corporation (‘the KRC’) operated an unfunded pension plan which was governed under Regulations made under the Kenya Railways Corporation Act. The establishment of the Scheme was accompanied with a concession to transfer property assets previously held by the Kenya Railways Corporation to form a portfolio of property based assets for the purposes of funding the newly established Scheme.

The Scheme at a glance

Since its establishment, the Scheme has operated as a closed Scheme with no active contributing members. Currently (as at 1st October 2020), the Scheme has a total membership of 8,720 comprising of 7,788 Active pensioners, and 932 differed pensioners who are still employed at KRC, RTI and MGR who upon retirement from service receives a one off lumpsum benefit from the Scheme and are subsequently admitted into the monthly pension payroll of the Scheme in accordance with the Scheme Rules. The Scheme also offers a relief to the dependants of the deceased pensioners for a period of five years.

The following table summarizes the membership of the scheme with sex and age analysis:

KENYA RAILWAYS STAFF RETIREMENT BENEFITS SCHEME

PENSIONERS' MEMBERSHIP ANALYSIS:

TOTAL ACTIVE FEMALE PENSIONERS

449

TOTAL ACTIVE MALE PENSIONERS

6639

GRAND TOTAL ACTIVE PENSIONERS IN PAYROLL

7088

TOTAL FEMALE DEPENDANTS IN PAYROLL

649

TOTAL MALE DEPENDANTS IN PAYROLL

51

GRAND TOTAL DEPENDANTS IN PAYROLL

700

GRAND TOTAL ACTIVE PENSIONERS AND DEPENDANTS IN PAYROLL

7788

TOTAL DEFFERED PENSIONERS IN MGR

879

TOTAL DEFFERED PENSIONERS IN RTI

39

TOTAL DEFFERED PENSIONERS IN KRC

14

GRAND TOTAL DEFFERED PENSIONERS

932

GRAND TOTAL ACTIVE PENSIONERS, DEPENDANTS AND DEFFERED

8720

PENSIONERS' AGE ANALYSIS:

ACTIVE PENSIONERS AGED 100 YEARS AND ABOVE

7

ACTIVE PENSIONERS AGED BETWEEN 90 AND 99 YEARS

138

ACTIVE PENSIONERS AGED BETWEEN 80 AND 89 YEARS

837

ACTIVE PENSIONERS AGED BETWEEN 70 AND 79 YEARS

2390

ACTIVE PENSIONERS AGED BETWEEN 60 AND 69 YEARS

2489

ACTIVE PENSIONERS AGED BETWEEN 50 AND 59 YEARS

1702

ACTIVE PENSIONERS AGED BELOW 50

220

YOUNGEST ACTIVE PENSIONER

43

ELDEST ACTIVE PENSIONER

104

AVERAGE AGE OF THE KRSRBS ACTIVE PENSIONER

67.9

 

Over
7000+
active pensioners

One of the
largest
pension scheme in East Africa

Over
15+
years of operation

We provide
instant
services to our members

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