SP: Plan now to live comfortably in retirement with Kenya Orient Life Assurance

Kenya Orient Life Assurance, a registered and recognised entity by the Retirement Benefits Authority (RBA), is the gateway for tailored life insurance and retirement planning solutions for individuals, groups of people and corporations and offers you a variety of pension plans that will help you start saving towards your retirement according to your needs.

One such plan is the Orient Umbrella Pension Plan which is suitable for Small to Medium-sized Enterprises (SMEs) and employers who wish to outsource the management of pension funds.

This pension plan collectively puts together the retirement investment funds of various employers in an adjustable method in a bid to help employees achieve a decent and secure retirement.

Pooling of resources reduces the average cost of running the fund, a hassle-free experience since Kenya Orient Life Assurance takes the regulatory and governance pressure and allows employers to focus on their core businesses.

Orient Umbrella Pension Plan offers an attractive minimum guaranteed interest rate of 4 per cent per annum and a bonus declared at the end of every year.

It is a flexible plan that allows employers to specify the retirement age for employees and employees can access their funds upon achieving the stipulated retirement age.

Kenya Orient Life Assurance also offers the Orient Individual Pension Plan which is suitable for individuals working on a contractual basis, the self-employed, individuals with seasonal income, and employees without employer retirement schemes.

It allows you to choose your contribution rates, retirement age, and any other specific retirement strategies you may have. The contributions in this scheme attract interest from high-yielding investments.

Policyholders under the Orient Individual Pension Plan get to enjoy tax deductions both on contributions to the scheme and on returns on the scheme investments.

Its costs and fees are competitive and transparent thus protecting you from any additional costs or hidden charges.

Reach out to Kenya Orient Life Assurance Limited and start saving towards a financially stable retirement.