Pioneer Assurance
Annuity
Personal pension
A retirement plan you open yourself. You pay in over working life and draw an income later.
Hear when this changes
The details that matter for this kind of plan
- Tax on the income
- The first KES 25,000 a month is exempt
- If you are over 65
- The income is exempt from tax altogether
- Guaranteed period
- 5 to 20 years, paid whether you live or not
- Rising income
- You can choose 3% or 5% a year
- Who it can cover
- You alone, or you and a spouse or children
What if you stop paying?
What you have paid in stays invested. You can start again later.
What if you need the money early?
Pension money is held to retirement by law.
Who this suits
It could work for you if
You have no work pension and want to build one yourself.
Think twice if
You need the money before retirement. It is locked until then.
Talk to them
- Website: pioneerassurance.co.ke
Compared with the others
There are 16 other plans of this kind on the board. See all 17 side by side — what each one leaves you with, and which of them will not say.
Where we got this
- Pioneer Assurance: annuities, guarantee period, escalation and taxthe company itselfRead on 2026-08-28