Mbao Pension Plan
Pioneer in individual private pension plan with voluntary contributary flexi digital payments, since 2010.
years in operation
%
country coverage
million transactions

Institutional framework
Mbao pension is a private pension plan launched in Kenya more than a decade back with support of reputed partners under the able guidance of government of Kenya to tackle the lack of social safety net with special focus on the informal sector workers, Micro Small Medium Enterprises workers and the self employed Kenyan residents. Strong institutional framework has been established for the governance of Mbao pension.
Secretariat / Sponsor
Central to effective governance. Founder, Promoter & sponsor of the mbao pension plan. Solely responsible for appointment and discharge of all the service providers. This permanent pro bono administrative office is responsible for managing the operations, promotions & awareness, new member onboarding, continuous member engagement and feedback, customer helpline, claims management.
Fund Custodian
A financial institution that is responsible for holding and safeguarding the securities owned within mbao pension
Fund manager
They are responsible for implementing mbao pension fund’s investment strategy and managing its trading activities.
Corporate Trustee
Their role is to act in the interests of sponsor and investors by being an independent supervisor of the security and a custodian of assets.
System admin
Role is to maintain integration with payment gateways and record keeping of individual contribution and balances in real time.
Payment channel partners
To provide and enable platform for digital transaction for members of the mbao pension plan. They track and maintain member transactions. Transactions are enabled through mobile money as well as bank transfers.
Regulator
Their core mandate is to regulate, supervise the establishment and management of retirement benefit plans while protecting the interests of members and sponsors of retirement benefits sector.

Why Choose Us
Our team of skilled professionals have more than a decade of experience and have been the frontrunner in championing financial inclusivity for all in Kenya. We are just a click away to serve your long term financial retirement planning.
Inclusivity for low income earners
Cashless digital payments
Flexi voluntary payments
Simple & easy to use
Anytime anywhere contribution
Mobile money integration
Works on basic feature phone
No penalties

Rest Assured, You are Covered
We take the complexity and doubt out of retirement planning and replace it with knowledge and clarity—so you can invest in your financial future with confidence. We help everyone enjoy a happy retirement, by creating a pension that’s fit for the 21st century

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A heartfelt gratitude to our members & partners
We thank our members for believing and trusting us for more than a decade with their hard earned money. Its been an amazing journey so far from a humble beginning and together lets work towards many more milestones.
We would also like to thank each and every partner, supporter, volunteer and change agent who has been intrumental in making this a success.
A shout out to some of our long term collaborators; Retirement Benefit Authority of Kenya, Kenya Commercial Bank, Eagle Africa, Coop – Trust investment services, Safaricom Mpesa, Airtel Money and Juakali Associations in Kenya.