All statutory bodies, local authorities and agencies with employees of pensionable status shall contribute to KWAP.
An employer is either a statutory body, local authority or agency with pensionable employees.
An employer is required to pay pension contributions for its pensionable employees upon the award of the pension status by the Public Service Department.
The due date of payment of pension contribution is the last day of the following month.
An employer is subject to a penalty at a rate of 0.5% of the contribution amount for each month the contribution amount remains unpaid.
The rate of contribution is 17.5% of the employees basic salaries.
Employer is required to submit the Employer Registration Form (CN1)
Documents required for the registration of members are as follows :
- Application letter by the employer
- Member Registration Form (CN2)
- A copy of Approval Letter from Public Service Department confirming the pensionable status.
Pensionable employees of Statutory Bodies, Local Authorities and Agencies.