Tax Relief and Additional Savings Opportunities

The Scheme provides tax advantages to members because pension contributions are deducted before tax calculations. Contributions qualify for tax relief up to Kshs. 30,000 per month or 30% of pensionable salary, whichever is lower.

Members are also allowed to make Additional Voluntary Contributions (AVCs) to increase retirement savings and support future medical needs after retirement.

What Members Gain

• Reduced taxable income
• Increased effective savings
• Higher retirement wealth accumulation
• Flexible savings options based on personal goals
• Additional retirement and medical financial security
• Faster growth of retirement benefits