Death Benefits

Beneficiaries of a contributing member who passes on will get the following benefits which will be payable as provided in a members Death Nomination of Beneficiaries form;

  • An insurance lump sum payment equal to three times a members annual pensionable salary
  • A cash lump sum payment equivalent to the deceased members accumulated credit at the time of death.
  • A last expense amount of ksh. 100,000 payable immediately to cater for funeral expenses.

Members are encouraged to complete the Death Benefits Nomination of Beneficiary Form which provides details of the chosen beneficiaries. The Scheme Trustees will have to take into consideration (but are not bound by) a members wishes when arranging payment of benefits to beneficiaries.