Natbank Personal Pension Plan

Our Individual Pension Plan helps individuals build retirement savings that will provide income upon retirement.

It is Designed for:

• Self-employed individuals who would like to contribute towards their own retirement


• Employed individuals where the employer does not have a pension scheme


• Occupational scheme members withdrawing from an employer’s retirement benefit scheme.


• Employers with few employees who would like to set up a pension scheme for their employees.

Benefits:

• Interest income: Contributions are invested to generate high returns.


• Tax Incentives: Contributions by members are tax deductible up to a maximum of KES 20,000.00 per month or KES 240,000.00 per annum.


• Transferrable: Pension is not affected by change of employer


• Flexible:  Individual can choose retirement frequency of payment and amount

Requirements:

• Duly completed application form


• Copy of National ID


• Copy of KRA PIN


• Passport photo