DB Performance

The DB Scheme has 12 active members and by 2027 all of them will have retired. 
The fund value reduced from Kshs 1.524 billion as at 30th June 2022 to Kshs 1.344 billion as at 30th June 2023.

This is because the Defined Benefits Fund is closing with decreasing contributions. The income received from investments is used to pay benefits for members retiring and those leaving service.