Pension Products
Genghis Individual Pension Plan
The Genghis Individual Pension Plan is designed to enable individuals to save for their retirement by making regular contributions into the scheme during their working years and grow their retirement savings.
Features;
– The scheme has a low minimum contribution of Kshs. 1,000 per month
– Upon retirement, members will access their accumulated benefits as a lump sum.
Who should join?
- Professionals such as accountants, lawyers, doctors, engineers, etc., do not belong to an employer’s retirement scheme.
- Self-employed individuals like businessmen, jua kali artisans, musicians, shopkeepers, etc.
- Groups of individuals whose employers don’t have a retirement benefits scheme, e.g. Schools, NGOs.
- Employers of Small and Medium Enterprises who don’t have an occupational scheme.
- Employed individuals who want to have another retirement savings plan in addition to what is offered by their employers.
- Any person looking to save for their retirement.
Ready to begin planning for retirement? Then open an account with the Genghis Individual Pension Plan today. Download and fill in the above form: Genghis IPP Form. You can email the completed form to us at amclientrelations@genghis-capital.com.
Genghis Income Drawdown Fund
The Genghis Income Drawdown Fund provides individuals and members of retirement benefits schemes an option to access their benefits as a regular income. This is through opting for an investment fund upon retirement, rather than taking up an annuity, and thus enjoying the benefit of professional fund management of their post-retirement benefits, and investment income from the same.
Features;
– The minimum investment into this fund is Kshs 1,000,000.00
– The maximum drawdown percentage per year is 15% of the fund balance.
– The minimum drawdown period is 10 years after which the member can opt to take his remaining fund credit as a lump sum, purchase an annuity, or continue with the drawdown
The GenCap Income Drawdown Fund provides individuals and members of retirement benefits schemes an option to access their benefits as a regular income. This is through opting for an investment fund upon retirement, rather than taking up an annuity, and thus enjoying the benefit of professional fund management of their post-retirement benefits, and investment income from the same.
Features;
– The minimum investment into this fund is Kshs 1,000,000.00
– The maximum drawdown percentage per year is 15% of the fund balance.
– The minimum drawdown period is 10 years after which the member can opt to take his remaining fund credit as a lump sum, or purchase an annuity, or continue with the drawdown