Parliamentary Pensions Act

22. Actuarial review

Edition: 2026-07-10 · In force

22. Actuarial review

(1)Once in every ten years, or at such other time as the Committee may direct, the relationship between contributions made and benefits paid out under this Act shall be reviewed by an approved actuary who shall examine whether the contributions made by the members are equivalent, according to its estimation, to one-third of the benefits paid thereunder and shall recommend any necessary change in the rate of contributions in order to achieve this.

(2)Any report or findings of an actuary made under subsection (1) shall be laid before the National Assembly and the Senate without undue delay.

(Act No. 20 of 2026, s. 18.)

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Source: Kenya Law