Select Country
Select Country
Pension Plan
Pension Plan
Why Plan For Retirement?
- It is inevitable that as active as we may be today, there comes a time in life when we will retire. Therefore, we will need an income in retirement without working. Hence, saving in a retirement benefits scheme now helps save to create income in retirement. Here is how planning well for retirement will help you.
- To cover living expenses e.g. food, medical, children upbringing & education, housing, etc if we lose our jobs during our working lives as retrenchments are a reality in this day & age.
- Leave a savings kitty behind for dependants should death occur
- Less dependence on children – Are you sure that your children will take care of you when you retire?
- Longevity of life after retirement due to advances in medicine & technology. Hence, we shall need more money in retirement.
How it works
- As an employee, you contribute either a fixed percentage of your monthly salary through salary deduction or an amount of money at regular intervals, where the amount and interval is agreed between employer & employee.
- As an employer, you contribute either a fixed percentage of employee’s monthly salary or an amount of money at regular intervals, where the amount and interval is agreed between employer & employee.
Other advantages:
- The contributions have a 100% capital guarantee, they are invested in a guaranteed fund
- Income arising out of investing the contributions is also guaranteed
- A member to the scheme is given online access to view how the fund is growing
Requirements to Apply?
Copy of ID card, Phone number, Email address, RDB certificate (corporate clients). For more inquiries and advise on Bancassurance, please contact our Bancassurance team on [email protected].
Apply in person
Request Call Back
One of our representatives will call you back as soon as possible.
We are available from 9:00 AM to 4:00 PM Weekly.
Apply for a loan
One of our representatives will call you back as soon as possible.
We are available from 9:00 AM to 4:00 PM Weekly.
Are you interested?
Oops! We could not locate your form.