Group Pension Scheme Group Retirement Benefit Plans A Group Personal Retirement Plan is a collection of personal pension plans usually provided by employers for their employees. Group Pension Scheme: Established by the Employer for the benefit of employees All employees eligible to join Defined contribution scheme Employer contributory rate – (eg. 10%, 15% etc) Voluntary employee contribution rate–(eg.5%, 10% etc) Guaranteed Interest of 5% p.a. Within the Group Pension they are two types of schemes: Occupational Pension Scheme Employer will have to appoint a registered board of trustees. Umbrella Pension Scheme Jubilee Life Insurance Corporation of Tanzania act as a Trustee. Benefits at a glance 1No setup fees. 2Returns are net of withholding taxes 3Minimum guaranteed returns on investment is 5%. 4Supplementary scheme and not a replacement of mandatory contribution. RETIREMENT - now life begins! Our job is to help you choose the right insurance cover for you so that you may Live Free! I need assistance Get assistance Fields marked with an * are required First Name * Last Name * Email Phone * Occupation (How you earn your Living) * EmployedDoing Business Details * May We Contact You? YesNo Best Time to Call MorningAfternoonEvening Downloads Career Life Brochure