AGADVOKS GLOBALKENYA · ENGLISH
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Asian Officers’ Family Pensions Act

9. Valuation of Fund

Edition: 1971-06-04 · In force

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9. Valuation of Fund

The Fund shall be valued at intervals of not more than ten years by an actuary approved by the President, who shall make a report to the President in which shall be set out the methods by which in his opinion any surplus in the Fund may appropriately be dealt with or any deficit may appropriately be made good, whether by way of adjustment of contributions or benefits or otherwise, and, if the President approves of any such method which would not necessitate amendment of this Act, regulations under this Act may be made for giving effect thereto.[Act No. 9 of 1961, s. 4, Act No. 21 of 1966, Second Sch.]
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Source: Kenya Law