The Kenya Ports Authority Retirement Benefits Scheme 2012 was established in 2013 to provide retirement benefits to KPA employees following the closure of the DB Scheme.

Under the restructuring:

• Active members who were below 45 years of age as at the date of closure of the DB Scheme were automatically transitioned to the new Defined Contribution (DC) Scheme.
• Members aged 45 years and above were given the option to either remain in the DB Scheme or join the new DC Scheme.

The establishment of the KPA Retirement Benefits Scheme 2012 marked a significant shift in the management of retirement benefits, with a focus on individual member accounts, enhanced transparency, and long-term fund sustainability.