Self Service Kenya

Group Personal Pension Plan

A Personal Pension Plan (PPP) is a retirements savings product. The plan enables a person to build a retirement fund by making periodic contributions into an interest-bearing fund.

What we offer

This product also accommodates several employees under one employer who decide to contribute different amounts every month. In such arrangements the employer facilitates deduction of contribution and remittance of pension contribution for investment and record keeping. For administrative purposes, such arrangements are referred to as Group Personal Pension. Jubilee Life Insurance Limited issues membership certificate to each member of the plan.

The employer can start to contribution in the plan upon board resolution, consultation and agreement with the employees.