Act 45 of 2013

SPECIAL ISSUE

Kenya Gazette Supplement No. 179 (Acts No. 45)

REPUBLIC OF KENYA –––––––

KENYA GAZETTE SUPPLEMENT

ACTS, 2013

NAIROBI, 27th December, 2013

CONTENT

Act— PAGE The National Social Security Fund Act, 2013 ........................................... 1141

PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTER, NAIROBI

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2013

National Social Security Fund

No. 45

THE NATIONAL SOCIAL SECURITY FUND ACT, 2013 No. 45 of 2013 Date of Assent: 24th December, 2013 Date of Commencement: 10th January, 2014 ARRANGEMENT OF SECTIONS PART I—PRELIMINARY Sections 1―Short title and commencement. 2― Interpretation. PART II -ESTABLISHMENT AND OBJECTS OF THE NATIONAL SOCIAL SECURITY FUND 3―Establishment of the National Social Security Fund. 4―Objects of the Fund. PART III - NATIONAL SOCIAL SECURITY FUND BOARD OF TRUSTEES 5―Establishment of the National Social Security Fund Board of Trustees. 6―Membership of the Board. 7―Disqualification from appointment. 8―Tenure of office of Members of the Board. 9―Filling of vacancy. 10―Powers and Responsibilities of the Board 11―Meetings of the Board. 12―Committees of the Board. 13―Remuneration of Board Members. 14―Conflict of interest affecting a Board member. 15―Appointment of Managing Trustee. 16__Appointment of Officers of the Fund 17―Appointment of Compliance Officers. PART IV: FUNDS, REGISTRATION, MEMBERSHIP AND CONTRIBUTIONS 18―The Old Provident Fund and Other Funds.

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2013

19― Registration of Employer and Employee. 20― Mandatory contributions to the Fund. 21―Opting out by employer 22―Restriction on employer with regard to deductions from employee’s earnings. 23―Voluntary contributions. 24―Creation of an Individual Member’s Account. 25―Termination of an Individual Member’s Account. 26―Regulations to provide for voluntary registration. 27―Penalty for default in payment and incorrect contributions. 28―Payments into and out...