Individual pension plans
A personal arrangement for employed or self-employed people who want to make regular or occasional retirement contributions.
Structured retirement planning for individuals and employers
Retirement Benefits and Pension Plans in Kenya
Understand your retirement options and compare plans designed to support disciplined, long-term saving.
Clear advice before you choose
Find cover that fits your needs
A retirement plan can help you build savings gradually for the years after regular employment or active business income. The right arrangement depends on your goals, time horizon, contribution capacity, access rules, charges and the provider responsible for managing the scheme.
Latron Insurance Agency helps individuals, self-employed people and employers understand retirement-related solutions available through relevant registered providers. We explain the questions to ask, help you compare the terms and support you through the application process without presenting Latron as the pension scheme, administrator or fund manager.
Understanding your options
Retirement solutions you may consider
Plan features differ. Review the scheme rules, provider registration, charges, risks, access conditions and beneficiary arrangements before joining.
Employer retirement arrangements
An employer may arrange occupational or umbrella-scheme participation for eligible employees, subject to the applicable scheme rules.
Flexible contributions
Some plans allow monthly, quarterly, annual or additional voluntary contributions, depending on the provider and scheme terms.
Beneficiary nominations
Members can record eligible beneficiaries according to the scheme process and should review those nominations after major life changes.
Transfers and consolidation
Eligible retirement savings may sometimes be transferred or consolidated when changing employment or providers, subject to applicable rules.
Retirement income options
At retirement, available lump-sum, pension, annuity or income-drawdown choices depend on the scheme, provider and applicable law.
Personalised support
Retirement planning for different circumstances
Individuals and families
Build a personal retirement strategy around your expected retirement age, income needs and other long-term obligations.
Self-employed professionals
Use a structured plan to make consistent retirement contributions even without an employer-sponsored scheme.
Employers
Explore suitable retirement-benefit arrangements for eligible employees, with clear responsibilities and provider roles.
Preparing your quotation
What to have ready
Start with basic information only. Latron will explain if an insurer needs anything further.
- 1Your age, preferred retirement age and approximate planning period
- 2A comfortable regular contribution amount and payment frequency
- 3Any existing employer pension or personal retirement arrangements
- 4Your preferred beneficiaries and long-term income objectives
- 5Questions about charges, access rules, transfers, risks and retirement options
Helpful answers
Frequently asked questions
Can I save for retirement if I am self-employed?+
Yes. A registered individual pension plan may allow a self-employed person to contribute personally. Compare provider registration, minimum contributions, charges, access rules and investment approach before joining.
How much should I contribute?+
There is no single amount for everyone. Consider your income, other commitments, years until retirement and desired retirement income. Start with a sustainable amount and review it when your circumstances change.
Can I access the money before retirement?+
Access depends on the type of scheme, the reason for leaving and applicable scheme rules and law. Ask for the current access and withdrawal conditions in writing before joining.
How do I check a retirement provider?+
Confirm the scheme and relevant service providers through the Retirement Benefits Authority and review the provider's official documents before making contributions.
Are returns guaranteed?+
Not necessarily. Guarantees, investment risk and expected outcomes vary by product. Do not rely on an illustration as a promise; review the official terms, charges and risk disclosures.
No-obligation conversation
Let’s find the right protection.
Speak with Latron for clear guidance and a personalised quotation.