Mpension is a flexible personal retirement plan designed to guarantee a dignified and fulfilled life.
It is a unique & innovative product which allows members to register through mobile devices.
Why should you join?
Benefits include;
- High investment returns
- Flexible contributions from as low as Ksh. 50 per day or a minimum of Ksh.500 per month
- Multiple channels of contribution
- Free life insurance cover of upto a maximum of Ksh. 100,000
- Tax relief on contributions
- Free statements
- Up to 60% of accumulated funds can be used to secure a mortgage
- 100% of accumulated funds paid upon exit or paid as pension
- Tips on financial planning and management .
*Life insurance cover is subject to Terms and Conditions. Insurance is supported by Laser Insurance Brokers.
How do you join ?
- Dial *289# on your mobile and follow the prompts
- Or visit any CPF branch and complete the registration form with your personal details and appointed next of kin
How do you make contributions?
- Through M-PESA paybill 921125 using your ID number as account number and M-PESA Standing orders
- Cash and cheque payments at CPF branch offices countrywide (See branches listed below)
- Employer check-off
- Bank standing orders
- Personal & institutional cheques