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Retirement Planning & Wealth Security

Pension Solutions by GRAVINSA Insurance Agencies

Guarantee financial independence during retirement. GRAVINSA Insurance Agencies LTD structures RBA-compliant retirement schemes and annuity contracts across Kenya.

Guaranteed Lifetime Income

1. Annuities

GRAVINSA Insurance Agencies LTD provides structured annuity products converting accumulated pension funds into guaranteed monthly or annual payouts for life upon retirement.

What this cover entails:

  • Guaranteed regular income payouts throughout your retirement years.
  • Choice between Guaranteed Single Life or Joint Life Annuity options.
  • Inflation-linked escalating payout riders to preserve purchasing power.
  • Protection against outliving retirement savings capital.
Personal Retirement Fund

2. Individual Pension Plan (IPP)

Flexible retirement savings plans designed for self-employed professionals, business executives, and employees who wish to boost their personal pension reserves in Kenya.

What this cover entails:

  • Tax-exempt contributions under Retirement Benefits Authority (RBA) guidelines.
  • Flexible contribution amounts and payment frequencies (Monthly / Annual).
  • Compound interest earnings generated through competitive fund investments.
  • Full ownership and portability of accrued pension benefits.
Seamless Consolidation

3. Pension Transfers

Consolidate multiple pension schemes smoothly when changing employers or moving between registered retirement funds in Kenya without tax penalties.

What this cover entails:

  • Seamless transfer of accrued scheme benefits between RBA registered schemes.
  • Expert advisory on scheme performance and fee comparisons.
  • Preservation of tax-exempt status during asset consolidation.
  • Dedicated administrative support during transfer documentation.
Flexible Retirement Payouts

4. Income Drawdown Plans

An alternative to traditional annuities, allowing retirees to re-invest accumulated capital while drawing a flexible income based on individual financial needs.

What this cover entails:

  • Re-investment of accumulated funds into approved high-yield assets.
  • Flexibility to choose annual or monthly income drawdown amounts.
  • Capital balance remaining upon death is inherited by named beneficiaries.
  • Minimum investment period aligned with Kenyan retirement regulations.
Corporate Compliance

5. NSSF Tier II Contracting Out

Enable employers to contract out Tier II NSSF contributions into superior private occupational pension schemes for improved yields and employee growth.

What this cover entails:

  • RBA-approved contracting-out registration for private corporate schemes.
  • Higher investment returns compared to default public Tier II funds.
  • Transparent financial reporting and individual member statements.
  • Enhanced employee retention and corporate welfare benefits.
Pension Inquiry

Start Planning Your Retirement

Select your preferred retirement option below and consult with GRAVINSA Insurance Agencies advisors.