I estimate that for you as an employee your share of pension contribution is Kshs 4,200 per month in year one subject to some details being clarified.

The bill separates employer and employee contributions as such begin with sec.20(1)(a) and (b)and sec 20(2) both reproduced here

20. (1) From the commencement date and subject to the provisions of subsection (3) and section 21, an employer shall pay to the Pension Fund in respect of each employee in his or her employment-

(a) the employer’s contribution at six per centum of the employee’s monthly pensionable earnings; and

(b) the employee’s contribution at six per centum of the employee’s pensionable earnings deducted from the employee’s earnings.

(2) Notwithstanding the provisions of subsection (1), the contributions in the first five years shall be deducted in accordance with the Third Schedule.

Then refer to the definitions reproduced here
“Tier I Contributions” means for any month, contributions in respect of Pensionable Earnings up to the Lower Earnings Limit;

“Tier II Contributions” means for any month, contributions in respect of Pensionable Earnings above the Lower Earnings Limit

and
“pensionable earnings” means for a Pension Fund Member, the lower of the member’s monthly wages and the Upper Earnings Limit;

Therefore if you earn Shs 70,000 , we assume as we do not know from the schedule III that the Upper earnings limit is your pensionable earnings (i believe this will be clarified in time)

As such you contribution is 12% of 70,000/= which is Kshs8,400, then divide this into two (that is Kshs 4,200) as you contribute 6% and your employer 6%, therefore you deduct Kshs 4,200/= as your pension contribution.



Tier I is computed as 12% of the lower earnings limit which is (12% x Kshs6000)= Kshs720 divide by 2 to get 360/= (which is the share from you and an equivalent from your employer). The Kshs 6000 is obtained from schedule III of the act. My reading is therefore that an employee share of Tier II in this instance is 4200 - 360 =Kshs 3,840