OUR SERVICES
KRASPS is built to address the welfare of all KRA staff but it is not limited to them only.
Secure, supportive, and sustainable solutions for Kenya Revenue Authority employees. Experience the peace of mind that comes with a well-planned retirement, knowing your future is in trusted hands.
ACCOUNTS STATEMENT
We offer a guarantee to our members that their retirement life will never be something they're like to delay.
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 FEATURES
Your Questions, Answered: Peace of Mind for Your Future.
Form of Provision
Sub-fund within the Scheme
Eligibility
Voluntary for all P& P and Contract Staff
Contributions
Voluntary at min of 1% of Basic Salary
Lumpsum
10% of Retirement Benefits can be assigned to a medical fund.
Investment
Separate Investment strategy at > 50M.
Taxation
Tax advantage of Kes. 15,000 monthly.
Benefits Access
No withdrawals during the life of the principal member. Only on Ill-Health, Early /Normal Retirement.
Administration
Managed in individual accounts of members, earns Interest annually & member statements to be provided.
Benefits Structure
Flexible Benefits Structure
