How to process your pension – Teachers and other civil servants
Teachers employed under the teachers’ Service Commission TSC and all civil servants can easily process their pension dues by following employers guidelines for Pension processing.
Teachers and other civil servants usually retires at the age of 60. However under special conditions,one can request for early retirement and start processing their dues.
All retired civil servants receive their dues from the Pensions Department which is under The National Treasury of the Republic of Kenya. The Department’s role is to administer pension schemes for Civil Servants, Police Officers, Teachers, the Military, Members of Parliament and Presidents and their dependents.
Retiring teachers begin the journey of processing their dues way before attaining the retirement age.
A notice is usually issued to the teacher two years before the date of retirement. The Commission may issue a shorter retirement notice under special circumstances.
Upon receipt of the retirement notice a teacher shall;
- Promptly forward all the required documents listed in the notice.
- Indicate full particulars of his/her bank account in the bank forms.
- Commute a fraction of his/her pension up to a quarter.
- Confirm Tax status with KRA and settle any tax liabilities.
Requirements needed by TSC for pension processing
To swiftly process your pension fund, the retiring teacher is supposed to present the following information to TSC.
- Duly filed TSC clearance certificate
- Two copies of bank plate both sides
- Two copies of National ID card both sides
- Duly completed option to commute pension form in duplicate
- Duly completed lump sum payment form (bank form)
- Two copies each of all promotion letters/ certificates
- The earliest copy of pay slip showing Women’s and children’s Pension Scheme (WCPS) deductions for male teachers
- Copies of marriage certificate/affidavits to confirm names for married teachers whose documents have different names.
- Teachers who served as Untrained Teachers to attach NSSF statement
- Two copies of KRA PIN certificate
Also Read:Best investment and savings SACCOS in Kenya
How Long does it take before one can start receiving pension funds
Pension funds for civil servants is send to individual beneficiary bank account after retiring and processing the necessary documents. You are expected to start receiving your funds immediately. However, should your funds delay you should follow up with the Pensions Department to sort out the issue.
Missing documents or wrong details submitted highly contribute to one failing to start receiving pension funds on time.
Also Read:How You Can Grow Your Sh.5000
Struggling to sell!!!? People are selling and buying items in your area. Sell anything on the largest online marketplace in Kenya. Visit Sokoplus.co.ke