 was established on 1st July, 1991 to provide pension benefits to its members, who were employees of Moi University.){kind=link}
Moi University Pension Scheme (MUPS) was established on 1st July, 1991 to provide pension benefits to its members, who were employees of Moi University. At commencement, the Scheme design was a Defined Benefit (DB) Scheme whereby benefits were fully underwritten by the Sponsor such that any investment dynamics could not affect the promised benefits. This therefore attracted and retained membership to the scheme while retaining qualified staff for the Sponsor.
Due to cost escalation and institutional financial constraints, it became necessary for the Sponsor to redesign the pension plan with a view to continue providing same benefits at competitive cost. This therefore resulted in the DB being redesigned to a Defined Contribution (DC) with a Hybrid underpin.
This came into effect on 1st January, 2005. The contribution rates were 15% from the employer and 7% from the employee.
Note: As this project is under construction, the data is based on the most reliable information currently available. This data is thus subject to change until the building has completed and all information can be confirmed and ratified by the CTBUH.
Daima towers MUPS is currently the tallest building in Eldoret and the entire Western Kenya region. Moi University pension scheme complex is a 26 high rise storey building towering the skyline of Eldoret and stands as the gem of the town.
Moi University pension scheme complex has 3 basement parking levels that can hold up to 200 vehicles. The first mezzanine levels has shops and offices and a podium parking level that has a capacity of 178 vehicles.
2nd podium parking level 178 capacity, 3rd mezzanine level 1 for shops and offices, 4th mezzanine level for shops and offices. The other floors have restaurants, offices, health club and swimming pool on the 24th floor.
The storey building is one of it’s kind in the entire North Rift region and the whole of Western Kenya. Nairobi is the only City that that has very tall buildings compared to other cities and towns.
Waiganjo Street,
Next to Eldoret Daima Towers
P.O. BOX: 2259-30100, Eldoret, Kenya
Tel.: +254 53 20262033, 2061996, 2062806
Mobile: +254 707 199 100
Email: info@mups.co.ke