The Kenya Ports Authority Pension Scheme (‘the Scheme”) was established by a Trust Deed dated 1 January 1998 The Scheme is a defined benefit occupational pension scheme and was formed for the employees of The Kenya Ports Authority (‘the Sponsor’), then known as East Africa Harbor Corporation.
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Origins of the pension scheme traced to Kenya and Uganda Railways and Harbours Corporation.
Pension governed by the Kenya and Uganda Railways and Harbours European Officers Pension Regulations. These remained in force—with amendments—until 1977.
Cargo operations managed by East African Cargo Handlers Corporation- EACHC (contributory pension scheme), while Kenya Ports Authority -KPA handled real estate (non-contributory pension scheme.
Dissolution of the East African Community (EAC).
Kenya Ports Authority formally established by an Act of Parliament (Cap. 371).
Establishment of the Kenya Cargo Handling Services Ltd Staff Pension Scheme .
The Kenya Cargo Handling Services Ltd Staff Pension Scheme became operational under a Trust Deed and Rules (TDR).
KPA (Pensions) Regulations gazetted with retrospective effect from 1 Jan 1978 to govern pension arrangements for KPA employees.
Merger between KPA and Kenya Cargo Handling Services Ltd. Transferred all employees to the 1982 scheme; KPA took full sponsorship and liabilities.
Merger between the pension schemes of KPA and the former Kenya Cargo Handling Services Ltd to consolidate pension arrangements under a unified structure.
The KPA Pension Scheme was later closed to active members on 31st December 2012