It's a retirement scheme for companies and organizations designed to offer flexible retirement benefits, either as a Provident Fund (lump sum payout at retirement) or Pension Fund (one-third lump sum and two-thirds lifetime pension).

The fund is suitable for corporate, SME, and NGO employees who are part of a group retirement fund, aged 18 and above.

• Retirement benefits: members receive accumulated contributions plus investment returns at retirement.
• Death benefits: dependents or nominated beneficiaries receive the accumulated fund value if the member passes away.
• Disability/ill health retirement: members receive their accumulated fund if they retire early due to disability or ill health.

• Optional Group Funeral Cover of KES 50,000 per member at an affordable premium.

• Contributions are invested securely, with guaranteed minimum returns and annual bonuses based on investment performance.

• Contributions are tax-deductible up to KES 30,000 monthly or 30% of monthly salary, whichever is lower.
• Monthly pension payouts up to KES 25,000 (KES 300,000 annually) are tax-exempt.

Yes, transfers to and from other pension schemes are allowed, though exit charges may apply.

Employers must provide:

• Group application
• Trust Deed and Rules

Employees must submit:

• Completed application form
• Certified proof of identification

Funds are accessible upon retirement or employment termination. However, Tier II contributions are preserved until retirement.