Planning for retirement is one of the most important financial steps you can take in life. Individual Pension Plans (IPP), also called Individual Retirement Benefits Schemes, help you save money for your future. These plans allow you to make personal contributions, enjoy tax benefits, and choose from different investment options. Unlike employer pension schemes, IPPs are designed to give individuals more control over their retirement savings. In this guide, we will look at all registered individual pension plans in Kenya. Registered Individual Pension Plans (IPP) in Kenya provide a safe and flexible way to save for retirement. With many licensed providers to choose from, you can select one that suits your needs and financial goals. [Photo] Understanding Registered Individual Pension Plans (IPP) In Kenya Registered Individual Pension Plans (IPP) in Kenya are personal retirement savings accounts regulated by the Retirement Benefits Authority (RBA). The RBA ensures that pension providers comply with the law and protect members’ savings. An IPP allows you to: Save regularly towards retirement. Get tax relief on contributions up to a certain limit. Choose between pension and provident fund options. Access flexible withdrawal terms at retirement. These plans are suitable for employed, self-employed, and informal sector workers who want to secure their financial future. List Of Registered Individual Pension Plans In Kenya Below is the full list of licensed and registered IPPs in Kenya as provided by the Retirement Benefits Authority. No Registered Individual Pension Plan 1 ABSA Individual Pension Fund 2 Amana Personal Pension Plan 3 APA Life Assurance Limited Individual Retirement Benefits Scheme 4 Benefits At Work Personal Pension Scheme 5 Blue MSMEs Jua Kali Individual Retirement Benefits Scheme (Mbao Pension Plan) 6 Britam Individual Pension Plan 7 Britam Individual Provident Fund 8 Chancery Personal Pension Plan 9 CIC Jipange Personal Pension Plan 10 CPF Individual Pension Scheme 11 Cytonn Personal Retirement Benefits Scheme 12 Dry Associates Personal Provident Plan 13 Enwealth Diaspora and Expatriates Retirement Fund 14 Enwealth Personal Pension Scheme 15 Equity Individual Savings and Retirement Plan 16 Fahari Retirement Plan 17 GA Life Personal Pension Plan 18 GA Life Personal Provident Plan 19 Geminia Personal Pension Plan 20 Genafrica Hifadhi Personal Pension Scheme 21 Genafrica Hifadhi Personal Provident Scheme 22 Gencap Individual Pension Plan 23 ICEA Lion Individual Retirement Benefits Scheme 24 Jistawishe Personal Pension Plan 25 Jubilee Insurance Personal Pension Plan 26 Jubilee Life Personal Provident Fund 27 Kenbright Individual Provident Fund 28 Kenindia Assurance Personal Pension Plan 29 Kenya National Entrepreneurs Saving Trust 30 Kenya Orient Individual Pension Plan 31 Kilele Personal Retirement Benefits Scheme 32 KUSCCO Mutual Individual Retirement Benefits Scheme 33 KUZA Individual Pension Plan 34 Liberty Life Boresha Maisha Individual Pension Plan 35 Liberty Life Boresha Maisha Individual Provident Plan 36 Madison Insurance Personal Pension Plan 37 Mafao Fund 38 Mayfair Individual Pension Plan 39 Mercantile Personal Provident Fund Scheme 40 Minet Individual Pension Plan 41 Mwanariadha Pension Plan 42 Mwavuli Individual Pension Plan 43 NCBA Investment Bank Individual Pension Plan 44 NTISL Personal Pension Plan 45 Octagon Personal Pension Scheme 46 Old Mutual Individual Retirement Benefits Scheme 47 Prudential Individual Retirement Benefits Scheme 48 Qijito Personal Pension Plan 49 Sanlam Life Personal Pension Plan 50 Sportpesa Staff Pension Scheme 51 Heritage AII Individual Retirement Benefits Scheme 52 Kenya Alliance New Life Individual Retirement Benefits Scheme 53 Monarch Personal Pension Plan 54 UAP Life Assurance Individual Retirement Benefits Plan 55 Ustawi Personal Pension Plan 56 Wakili Personal Retirement Benefits Scheme 57 Zamara Vuna Pension Plan 58 Zimele Guaranteed Personal Pension Plan 59 Zimele Personal Pension Plan Benefits Of Joining Registered Individual Pension Plans In Kenya Tax advantages Members enjoy tax relief on contributions up to a limit set by the government. This reduces the overall tax burden while growing retirement savings. Flexible contributions You can contribute any amount based on your income and financial goals. This makes IPPs suitable for both formal and informal workers. Wide investment choices IPPs offer diversified investment options such as equities, bonds, and fixed income securities, allowing savers to grow wealth over time. Retirement Benefits Authority Contact Information If you want to learn more or confirm the status of a pension plan, you can reach the Retirement Benefits Authority through: Address : Rahimtulla Tower, 13th Floor, Upper Hill Road, Opposite UK High Commission Phone : 020 280 9000 / Toll-Free: 0800720300 (Safaricom) Bottom-Line Registered Individual Pension Plans (IPP) in Kenya provide a safe and flexible way to save for retirement. With many licensed providers to choose from, you can select one that suits your needs and financial goals.
Always ensure that the plan you join is approved by the Retirement Benefits Authority to protect your money and secure your retirement future.