ALL YOU NEED TO KNOW ABOUT LAPTRUST
Local Authorities Pensions Trust (LAPTRUST) has a history of more than 90 years, when it was established as a pension scheme for employees of the then Local Government Authorities. The basic objectives for Laptrust DB Scheme are to enhance returns while maintaining membership and ensuring a healthy funding level to ensure sustainability
Inception
Kenya local Government Officers Superannuation Fund begun its operations in 1929 as a pension scheme for employees of the then Local Government Authorities.
1929
Scheme opened to all local authorities senior officers
Through Legal Notice No. 313 of 1963, new rules and regulations for the scheme were enacted, enabling all senior officers of Local Authorities to join the scheme, regardless of race, color or creed, as was previously the case.
1963
Scheme Opened to All Employees of Local Authorities
Through amendments in 1993 to the KLGOSF Rules of 1963 , the scheme opened its doors to all cadre of employees of Local Authorities, whether salaries or non-salaried.
1993
KLGOSF changed to LAPTRUST
Kenya Local Government Officers Superannuation Fund dropped in favor of the more dynamic, Local Authorities Pension Trust, LAPTRUST.
2005
Lap trust closed its DB scheme to new members
The Laptrust DB Scheme closed its doors to new members in 2012 and in a new Defined Contribution Scheme, Laptrust (Umbrella) Retirement Fund, was registered to meet the retirement needs of new employees within the then Local Authorities of Kenya.
2012
Vision & Mission
Vision
“To improve the quality of lives of members”
Mission
“To provide innovative retirement benefits that enhance the socio-economic welfare of all the contributors and beneficiaries”.
Core Values
MEET OUR TRUSTEES
The Board of Trustees is the Trust’s governing body and is responsible for the corporate governance of the Trust. Under the Law of Trusts, the Trustees are the legal owners of the Assets of the Scheme on behalf of the members and other beneficiaries.
TRUSTEE
Charles Talengo Sunkuli
Charles T. Sunkuli, CBS is the current Principal Secretary, State Department for Devolution, Ministry of Devolution and Development of ASALs. He has previously served as the Principal Secretary, Ministry of Environment and Forestry, a position he held from December, 2015 to February, 2018.
He has a wealth of experience in Public Service spanning over 18 years. Mr. Sunkuli is an experienced management strategist with a solid background in Administration, Planning, Management and Leadership.
He holds two Executive Masters Degree in Business Administration from Eastern and Southern Africa Management Institute and Maastricht School of Management (MSM) Netherlands, a Bachelor of Education Degree (B.Ed. Arts) from Moi University.
Mr. Sunkuli has held other positions nationally and globally including being the Designated National Focal Point of the Green Environmental Facility (GEF) of the United Nations Environment Program, Board Member of the Strategic Approach to International Chemical Management (SAICM), National Focal Point of the Lake Victoria Basin Commission (LVBC) and Life Member of the International Red Cross Society among many other community based leadership positions.
He strives for results based performance as evidenced in the recent ban of plastic bags in Kenya, implementation of a robust solid waste management programme that led to closure of Ngong and Kibarani dumpsites in Kajiado and Mombasa respectively, among others.
He currently sits in the Laptrust Board of Trustees as the representative of the Ministry of Devolution and Development of ASALs.
MANAGING DIRECTOR, CPF
Hosea Kili, OGW
Mr. Kili, an advocate of the High Court of Kenya is the Group Managing Director of CPF Financial Services Ltd. He holds a Master of Business Administration from the Management College of South Africa. He is a Fellow and Member of the Institute of Certified Public Secretaries of Kenya (ICPSK) and a Member of Kenya Institute of Management (KIM). He is also an active member of the Law Society of Kenya (LSK). He is a Council Member of ECASSA and sits on several Boards including the Institutional Consultants Ltd (ICL) and Nairobi Securities Exchange Ltd (NSE). Mr. Kili was awarded the Presidential Order of Grand Warrior of Kenya in December 2011 and the 1st and 2nd Runners-up CEO of the Year at the COYA Awards 2013 and 2012 respectively.
TRUSTEE
Ms. Matilda Kimetto
Matilda Kimetto is a trade union leader and a strong defender of Labour rights. She currently serves as the Deputy Secretary General of Kenya County Government Workers Union, previously having served as the National Organizing Secretary. She is an employee of Nairobi City Water and Sewerage Co. Ltd, Human Resource and Administration Directorate.
She holds a B.A in Business Administration from the Kenya Methodist University and the School of Credit Management; where she earned a professional level certificate in Credit Management.
Matilda represents the Workers in the Laptrust Board of Trustees.
TRUSTEE
Dr. George Kwedho
Dr. George Kwedho is an accomplished Engineer with significant experience of over 38 years in the fields of Engineering, Environment and Management; gained through diverse and complex environments in Kenya, United Kingdom and Japan. He holds a Doctorate in Environmental Management, Masters in Entrepreneurship studies, Bachelor’s degree in engineering, Diploma in water and waste engineering, Diploma in Business Management and various certificates acquired both locally and abroad. He is a qualified trustee as per the requirements of the Regulatory Benefits Authority. He is an active and full member of the Kenya Institute of Management and a lead expert and member of the Environmental Institute of Kenya.
Dr. Kwedho has previously held senior management positions including Technical Manager, Managing Director and Chief Executive Officer in key organizations in the water and sanitation sector in Kenya, including Lake Victoria North Water Services Board, Western Water Services Company and Eldoret Water and Sanitation Company.
Currently, Dr. Kwedho sits in various boards including; Council Member at Chuka University, Chairman at Busia Water and Sewerage Company and Vice Chairman Kenya Institute of Management (Kakamega Branch), among others.
Dr. Kwedho represents the County Pensioners Association in the Laptrust Board of Trustees, having been appointed as such in November 2018.
TRUSTEE
John Oscar Juma
John Oscar Juma is an Advocate of The High Court of Kenya admitted to the Bar in the year 2000 and has actively practiced for 19 years. An alumnus of Starehe Boys Centre, Mr. Juma holds an LLB (Hons) Degree from the University of Nairobi and a Diploma in Law from the Kenya School of Law.
Mr. Juma is a Certified Public Secretary and has undertaken extensive training in Leadership & Team Building, Capacity Building for Lawyers, Cross Border Legal Practice, Public Procurement, and Professional Ethics. Mr. Juma has been and continues to serve as a Member of the Law Society of Kenya Committee on Continuing Professional Development (CPD).
Mr. Juma represents the Law Society of Kenya as an Independent Member of the Board of Trustees, Laptrust, having been appointed as such in November 2018 for a period of three (3) years.
TRUSTEE
Mr. Peter Musa Kitesho
Peter Kitesho is a defender of Workers and Labour rights and holds a Bachelor of Science in Human Resource Management degree from Maasai Mara University. He is currently an employee of the Kajiado County Assembly and previously worked at Central Bank of Kenya.
Besides his professional engagements, Mr. Peter Kitesho has served as the Youth Representative for Kenya County Government Workers Union, Kajiado Branch and is currently serving as the National Youth Representative for the union.
He represents workers in the Laptrust Board of Trustees.