Posted:Mon at 2:43 PM
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
The Kenya Power & Lighting Company Limited Staff Retirement Benefits Scheme (‘The Fund”) was established by a Trust Deed dated 1 January 1970. The Fund is a defined benefit occupational pension fund and was formed for the employees of The Kenya Power & Lighting Company Limited (‘the Sponsor’), then known as East Africa Power and Lighting Company Limited. The Fund is governed by Trust Deed and Rules which have been approved by the Retirement Benefits Authority (RBA). The main purpose of the Fund is the provision of cash benefits and pensions to the members upon attainment of the retirement age of sixty years, and where applicable, benefits for dependents of deceased members. The Fund is among the largest Pension Funds in Kenya and is mature. The number of active members above the age of 50 years, pensioners and deferred pensioners is much greater than the number of younger active members. The Fund is approved by Kenya Revenue Authority as a retirement benefits scheme for the purposes of the Income Tax (Retirem
Job Description
Under the direct supervision of the Pension Officer the intern will assist in matters of Pension Administrations.
Minimum Qualifications
Key Responsibilities
- Process death in service and death in retirement benefits.
- Process requests for funds from the Orphan Trustee Program (OTP)
- Capture and update member records and data including from the Nomination of Beneficiaries Forms
- Processing of withdrawal benefits, i.e. resignations, dismissals, terminations, deferred, and retirees.
- Printing and issuance of members benefits statements
- Filing of members records
- Preparation of member education materials.
Required Knowledge, Skills, and Abilities
- Strong Communication & Customer Service
- Team Player
- Able to learn quickly and adapt to changing technology
- Interpersonal and cross - cultural
- Sentivity and inovation skills
- Critical thinker and problem solving skills
- Team Player
- Good time management skills
Education: Degree, Diploma
Employment Type: Contract Based