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Our Pension Scheme safeguards employee retirement and separation benefits. It allows the employer to concentrate on their core business, by transferring the responsibilities of administering separation benefits to Mukuba Pension Trust.
OUR SERVICES
Frequently Asked Questions
Defined Benefits Scheme
It is also known as a “Final Salary” Pension Scheme.
The retirement benefit is payable at the age of 55, based on one’s final salary, length of service and accrual factor.This scheme was administered By Mukuba Pension Trustees from 1982 to 2011 when it was closed off to new members.
Personal Pension Plan
The Personal Pension Plan (PPP) is a savings vehicle which provides individuals the opportunity to put in aside funds and to grow them with the aim of providing the desired funds at a time when one retires, leaves employment or they are in a position where they can not earn income from their business. The purpose of the PPP is to compliment state pension plans (like NAPSA)
Defined Contribution Scheme
Real Estate
Some of the investments are in high value real estate wholly owned by the scheme,