List Of Pension Schemes In Kenya
A pension scheme is a type of long-term savings plan. And it’s a tax-efficient way to save during your working life. You save some of your income regularly during your working life. This gives you an income in later life, when you want to work less or retire. That’s the point of pension – security when you’re older.
In this article Keweb.co tries to answer the question by publishing the full list of Pension Schemes in Kenya
Below are the full List of Pension Schemes In Kenya
Jubilee Kenya personal pension plan.
Mbao pension scheme Kenya.
KCB pension scheme.
Boresha Maisha Retirement Plan.
Britam pension scheme.
Zimela’s personal pension plan.
Kenya orient Life Assurance Pension.
Madison Life Assurance Personal Pension Plan.
Octagon pension services limited.
Chancery’s personal pension plan
What are the main types of pension schemes in Kenya?
There are two main types of pension schemes; defined contribution plan and defined benefit plan. In a defined contribution plan, an investment account is created for an employee through
Which is the best pension scheme in Kenya?
Top Pension Funds in Kenya
- Absa Asset Management Limited.
- Britam Asset Management Kenya Limited.
- CIC Asset Management Limited.
- Co-op Trust Investment Services Limited.
- ICEA Lion Life Assurance.
- Madison Investment Managers Limited.
- Nabo Capital Limited.
- Old Mutual Investment Group Limited.
At what age is pension tax free in Kenya?
Monthly pension granted to a person who is sixty five (65) years old or more is exempt from tax. Gratuity paid into retirement schemes registered by the Commissioner subject to limit of Kshs. 240,000 p.a is not taxable.