Mwavuli Pension Fund

Mwavuli Pension Fund

Mwavuli Pension Fund is an umbrella scheme that is designed to allow employees of a participating employer to save towards their retirement.
Mwavuli Pension Fund is suitable for Corporates, SMEs and startup companies that need a pension plan for their employees. Benefits are paid to a member on exiting the service of their employer.
Benefits of joining Mwavuli Pension Fund include:
  • You will receive high investment returns.
  • You can access your member statement and balances online state-of-the-art administration system.
  • You will enjoy Tax Exempt Contributions – Contributions and the returns earned thereon are tax-exempt up to the tax-free limits.
  • Easy transfer of funds in and out of fund.
  • Ability to assign a portion of benefits to a mortgage.
  • Employer is able to help member to save for retirement.
  • Enhances retention of employees.
  • Friendly and knowledgeable members of staff.
Who can join Mwavuli Pension Fund?
  • Corporate organizations that do not have a pension scheme for their employees.
  • Small and Medium Enterprises (SMEs) employers who do not have an occupational scheme.
  • Professional services firms like; law firms, architects, accountants, financial advisers, engineers, and consultants, among others.
  • Any employer who wants to reduce the cost of setting up and running a scheme.