The Scheme is designed to serve permanent employees of the sponsor and its constituent colleges. The Scheme caters for staff in the middle; senior library & administrative; and academic levels. It also caters for employees on contract who have served for at least more than one year.
The scheme has different retirement ages for the three categories of members as shown in Table 1.
- Middle level category: Grade 5 - 10
- Senior library & Administrative Staff: Grade 11 - 16
- Academic category
Table 1: Early & Normal Retirement Ages
|Category||Early Retirement Age||Normal Retirement Age|
|Middle Level Staff||50yrs||60yrs|
|Senior library & Administrative Staff||55yrs||65yrs|
In 1991 the Scheme started with 660 members and an initial fund value of Ksh 6.60 million. It has since grown to its current fund value of Kshs 9.98 billion in 2017 and a membership of 2200. The Scheme has 45 retirees and 47 dependants.
Other affiliate universities and members are from University of Eldoret, Karatina University, Maasai Mara University, Alupe and Bomet University colleges.