The CBZ SME Pension Fund is designed for Small to Medium scale Enterprises to be able to offer pension scheme benefits to their employees under an affordable benefits structure.
- Employees contribute a fixed percentage starting from 3%
- Employer contributes for Group Life Assurance at 1.8% and Administration fees at 1%
- Pays out a lump sum death benefit of at least 2 times an employee’s annual salary
- No medical tests up to a certain limit
- Has a retirement benefit, withdrawal benefit and retrenchment benefit
What you need to apply
- Fully completed SME Pension Fund Application Form