Get ready to retireLet us help you make that transition
into a sustainable, long, and happy retirement.

What is Personal Pension Plan?

Retirement could mean the end of a work shift or a gradual transition with reducing responsibilities and commitments. However you see it, we want to be there so we can help you make that transition into a sustainable, long, and happy retirement. With our Personal Pension Plan, that is possible. It's suitable for self-employed people, informal groups and former employees. The member determines how much they can save regularly which they can review at will.
What's in it for you?
    • You can vary your contributions after giving a 30-day notice.
    • The pension plan is not tied to your current employment.
    • You can get the accumulated savings as a lump sum of retirement.
    • You can also convert part or all of the savings into a stream of regular payments.
    • The fee rate is charged annually and disclosed at registration.
    • You can access your interim contribution statement at any time.
    • The retirement plan is tax-exempt and your contributions are exempt up to set limits
    • We do not penalize you on withdrawal
    • You can use up to 60% of your accumulated pension savings as collateral for a mortgage loan
couple sitting at a dining table with a file spread out before them smilingHow does it work?
  • To set up a personal pension plan, you have to be between 18 and 74 years.
  • You can also join by transferring your accumulated pension savings from another pension plan.
  • You have to contribute at least KES. 500 per month to your savings to keep your account active.
man holding a piggy bank money boxTALK TO US  If this product is what you've been looking for, get in touch with us. Want to know more about Personal Pension Plan?If you want to know more we've answered some questions you might have.

    The retirement plan is tax-exempt. Savings contributions are also exempt up to set limits. We also do not penalize you on withdrawal.

    • Tax relief benefits on contributions made
    • Tax relief benefit based on years of membership in the scheme
    • Transfer from other schemes acceptable
    • Both self-employed and employed individuals are eligible
    • Has a provision for individuals, SME and Corporate schemes
    • Competitive returns on your pension savings
    • Accumulated savings can be used as collateral to access a mortgage facility
    • You are entitled to a final benefit statement at the close of each financial year
    • The investment income is allocated annually to your accumulated savings