MTRH Pension

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Moi Refferal and Teaching Pension Scheme Kenya

Background

• Moi Teaching and Referral Hospital (MTRH) Staff Pension Scheme was established on 1st July 2000 as a Non-Registered Pension Scheme providing retirement benefits to permanent employees of Moi Teaching and Referral Hospital.

• The scheme was registered and operated as a Defined Benefits Scheme on 28th November, 2002. The scheme later converted to a Defined Contribution Scheme on 1st July, 2005 following a guideline from the national treasury; member contributes 7% of their basic salary while the sponsor contributes 14%.

• The scheme is Governed by eight (8) trustees; four (4) nominated and four (4) elected under the oversight of the Retirement Benefits Authority (RBA).

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Corporate Values & Principles

MTRH Pension Scheme will propagate and promote the following among its membership:

Caring - Be Compassionate

Integrity - Serve with honestry

Accountability - Own Your Actions

Responsiveness - Quick To server Receptive

Be compassionate

Serve with honesty

Own your actions

Quick to serve

receptive

Innovativeness - Invent new Ideas

Invent new ideas

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Director Development

Articles

content

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WHO CAN JOIN THIS SCHEME

Any full-time permanent employee of Moi Teaching & Referral Hospital or other employees of the Hospital as the Hospital and Trustees may determine. What do I have to pay as a member of the scheme? You will be required to pay 7% of your Pensionable Salary. This will be deducted from your salary or wage each month and paid into your own account under the Scheme. Your contributions currently are tax deductible. Your contributions in excess of the tax limit will be allocated to the Non-exempt Account of the Scheme

WHAT DO I HAVE TO PAY AS A MEMBER OF THE SCHEME

You will be required to pay 7% of your Pensionable Salary. This will be deducted from your salary or wage each month and paid into your own account under the Scheme. Your contributions currently are tax deductible. Your contributions in excess of the tax limit will be allocated to the Non-exempt Account of the Scheme