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

Interested in Natbank Personal Pension Plan or have a question?

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