KRASPS
Check who can join KRASPS, how membership works, and what to do next

KRASPS MEMBERSHIP

Check who can join KRASPS, how membership works, and what to do next

This page provides information on eligibility, participation and member support under KRASPS.

eligibility

WHO IS ELIGIBLE

KRASPS membership is open to all permanent KRA staff seeking secure retirement benefits.

The scheme is designed to provide retirement security to Kenya Revenue Authority employees. If you're a KRA staff member with a valid employment contract, you're eligible to join.

Eligibility Requirements:

  • •Permanent and pensionable staff of the Kenya Revenue Authority
  • •Valid employment contract with KRA
  • •Compliance with Scheme Trust Deed and Rules
  • •No restrictions on age or tenure (new and experienced staff welcome)

Have questions about your eligibility? Our support team is ready to help clarify your status and guide you through the process.

HOW MEMBERSHIP WORKS

A straightforward path from eligibility to secure retirement

1

Check Eligibility

Confirm you meet the KRASPS membership requirements as a KRA staff member.

2

Complete Application

Fill out the membership form with your personal and employment details.

3

Submit Documents

Provide required documentation (employment letter, ID, etc.) for verification.

4

Start Contributing

Begin your contributions which are automatically deducted from your salary.

5

Grow Your Fund

Watch your retirement savings grow with professional management and employer match.

6

Retire Securely

Enjoy guaranteed monthly payouts and retirement benefits when you retire.

Each step is designed to be simple and straightforward. Need help? Check our FAQs or contact our support team for guidance at any stage.

HOW TO JOIN

We offer a guarantee to our members that their retirement life planning will never be something to delay.

how-to-join

Eligiblity

OUR PROMISE

We empower our members to make retirement planning a priority today, securing the peace of mind they deserve tommorrow.

Secure Retirement Income
The primary benefit is a guaranteed income stream upon retirement. This ensures financial stability and peace of mind during your golden years.
Secure Retirement Income
Tax Benefits
Contributions to the scheme are often tax-deductible, reducing your overall tax liability. This can lead to significant savings over time.
Tax Benefits
Death Benefits
In the unfortunate event of a member's death, the scheme provides financial support to beneficiaries. This can help alleviate financial burdens for the family.
Death Benefits
Investment Growth
Your contributions are invested in a diversified portfolio managed by professionals. This can lead to significant growth over time, potentially boosting your retirement savings.
Investment Growth
Professional Management
The scheme is managed by experienced professionals who oversee investments, ensure compliance, and provide administrative support. This frees you from the complexities of managing your retirement savings.
Professional Management

CONTRIBUTION DETAILS

A portion of your salary is automatically deducted and invested in the pension fund.

Your retirement savings journey starts with regular contributions. A portion of your salary is automatically deducted and invested in the pension fund. Your employer often matches a part of your contribution, further boosting your savings.

Key Points:

  • Regular Contributions: Consistent contributions are key to a secure future.
  • Employer Match: Take advantage of your employer's matching contributions.
  • Professional Management: Your funds are expertly managed for growth.
  • Tax Benefits: Contributions may offer tax advantages.
  • Long-Term Focus: Avoid early withdrawals to maximize your retirement benefits.

For specific details about contribution rates and deadlines, consult your HR department or the pension fund administrator.

contribution

Questions about your contributions?

WHAT TO DO NEXT

Take the next step in securing your retirement future