Saving for retirement is a crucial financial goal, and Individual Pension Plans (IPPs) offer a flexible and independent path to achieving it. Designed for individuals who are either self-employed, freelancers, entrepreneurs, or anyone not covered by an employer-sponsored scheme, IPPs provide a structured way to build retirement savings over time.
One of the key advantages of an Individual Pension Plan is the control it offers over contributions and investment choices, along with attractive tax benefits as stipulated by Kenyan law. Whether you’re planning early or starting later in your career, an IPP allows you to take charge of your financial future.
All registered IPPs in Kenya are regulated by the Retirement Benefits Authority (RBA) the statutory body mandated to oversee retirement benefits schemes and safeguard member interests.
Benefits of Individual Pension Plans in Kenya
- Tailored for individuals without employer-based retirement schemes
- Tax-deductible contributions (subject to legal limits)
- Flexible contribution amounts and frequency
- A wide range of investment options
- Secure, regulated savings for long-term goals
List of Registered Individual Pension Plans (IPPs) in Kenya
Here is the updated list of officially registered individual pension plans in Kenya as of 2025
- Amana Personal Pension Plan
- APA Life Assurance Ltd Individual Retirement Benefits Scheme
- Blue MSMEs Juakali Individual Retirement Benefits Scheme (Mbao Pension Plan)
- British American Personal Pension Plan
- Liberty Life Pension Plan
- Chancery Personal Pension Plan
- CIC Jipange Personal Pension Plan
- NCBA Individual Pension Plan
- CPF Individual Pension Scheme
- Dry Associates Personal Provident Plan
- Enwealth Diaspora & Expatriates Retirement Fund
- Enwealth Personal Pension Scheme
- GA Personal Provident Plan
- GA Life Personal Pension Plan
- ICEA Lion Individual Retirement Benefits Scheme
- Jubilee Insurance Company Ltd. Personal Pension Plan
- Kenindia Assurance Co. Ltd Personal Pension Plan
- Kenyan Alliance Insurance Co. Ltd Individual Retirement Benefits Scheme
- MAFAO Fund
- Madison Life Assurance Personal Pension Plan
- Mercantile Personal Provident Pension
- Minet Individual Pension Plan
- Mwavuli Individual Pension Plan
- NTISL Personal Pension Plan
- The Heritage Insurance Company Ltd Individual Retirement Benefits Scheme
- The Kenya Orient Individual Pension Plan
- The Monarch Personal Pension Plan
- Octagon Personal Pension Scheme
- Old Mutual Individual Retirement Benefits Scheme
- Sanlam Life Personal Pension Plan
- Pioneer Assurance Individual Retirement Benefits Scheme
- Stanlib Individual Pension Plan
- UAP Life Assurance Individual Retirement Plan
- Zamara Vuna Pension Plan
- Zimele Personal Pension Plan
- National Social Security Fund (NSSF)
- Gencap Individual Pension Plan
- Wakili Personal Retirement Benefits Scheme
- Prudential Individual Retirement Benefits Scheme
- Benefits At Work Personal Pension Scheme
- CFC Life Individual Pension Plan
- Cytonn Personal Retirement Benefits Scheme
- Fahari Retirement Plan
- Jubilee Life Personal Provident Fund
- KUSCCO Mutual Individual Retirement Benefits Scheme
- Boresha Maisha Individual Pension Plan
- Mwanariadha Pension Plan
- Equity Individual Savings and Retirement Plan
- Kenya National Entrepreneurs Savings Trust (KNEST) Pension Scheme
Need Help or Verification? Contact the Retirement Benefits Authority (RBA)
If you’re planning to register for an IPP or want to verify the authenticity of a scheme, you can reach out to the RBA through the following:
- Office Address: Rahimtulla Tower, 13th Floor, Upper Hill Road, Opposite UK High Commission, Nairobi, Kenya
- Telephone: +254 20 280 9000
- Toll-Free (Safaricom): 0800 720 300
