Defined Contribution Scheme

A Defined Contribution Scheme is an employer-sponsored retirement plan whereby Individual accounts are set up for employees and benefits are based on the amounts credited to these accounts (through employer contributions and employee contributions) plus any investment earnings on the money in the account.

Features of the CPF DC Scheme

Eligibility for Membership

Benefits to Members

Lump sum or monthly Pension benefits are payable on:

Contribution Rates

Contributions are made by both employee and employer based on Pensionable salary (basic salary plus house allowance). The rates of contribution are as per below guidelines:-

Participating organization have the flexibility to choose their contribution rates within the RBA guidelines.

Benefits of the DC Scheme to Employers

Organizations who are sponsors to the scheme enjoy the following accrued benefits

Additional Benefits

These benefits are available for the members under both the Defined Benefits and Defined Contribution Schemes. They include;

Life Policy:

No Harambee Benefit (Last Respect Benefit)

Ksh.100, 000 paid within 48 hours of formal communication of the death by sponsor. The aim is to assist the family of a bereaved member in giving their beloved a respectable send off.

Daraja Benefit (Unemployment Benefit)

This is a unique benefit and one of its kind in Kenya. CPF members (excluding Civic Leaders) are assured of 50% of six-month salary paid to cushion the member against the effects of sudden loss of income; provided that, the loss is not occasioned by indiscipline on the part of the member.

Subscribe to our newsletter

Don't miss new updates on your email

Fulfilling Lives

Interested? Become a Member of The County Pension Fund Defined Contribution Plan Today

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Fund administration form

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Gratuity Form

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Interested? Join the CPF Mwamba Trust fund today

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Interested? Become a member of CPF Salih Today

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Interested? Secure your Future Today by Signing up for M- Pension

Personal Details
Next of Kin’s Details (MUST BE OVER 18 YEARS OF AGE)
Payment Details

Ladybag application form

No selected calculator