UNIVERSITY OF NAIROBI PENSION SCHEME 2007                             

The UNPS 2007, like any other retirement benefits scheme, operates under the legal environment created by the Retirement Benefits Act, 1997. The law requires every Scheme to appoint Trustees, Auditors, Scheme Administrator, Fund Custodian and Fund Manager. The Scheme Administrator may be outsourced, just like the Fund Manager or the Fund Custodian, or may be a full-time employee of the Scheme. In the case of UNPS 2007 the Scheme Administrator is a full-time employee of the Scheme.

The Scheme’s own Rules provide for the Scheme's management structure. At the apex is the Board of Trustees, which is the policy organ of the Scheme. The Board is elected in such a manner as to represent the teaching and non-teaching staff of the University of Nairobi (Sponsor).