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September 29, 2026
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RBA Moves to Set New Procurement Rules for Public Pension Funds

RBA Moves to Set New Procurement Rules for Public Pension Funds

A Supreme Court ruling has changed how some pension funds handle procurement, prompting the regulator to move in with a new set of rules...

✨ Key Highlights

Kenya's Supreme Court has ruled that public-entity-sponsored pension funds are no longer subject to the country's public procurement framework. This decision necessitates the development of new procurement guidelines for these funds.

  • The Retirement Benefits Authority (RBA) is leading the initiative to create these new guidelines.
  • The ruling, delivered on May 15, 2026, declared Section 2(o) of the Public Procurement and Asset Disposal Act, 2015, unconstitutional as it applied to pension funds.
  • The RBA is seeking proposals from stakeholders by Friday, October 9, 2026, at 5pm, to inform the drafting of the proposed Retirement Benefits Procurement Guideline.

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