By filling an Admission form on our website – www.lapfund.or.ke

By Visiting our regional offices office.

Through enrollment by our representatives.

Yes. We provide regular updates though our Annual General Meetings(AGM). We also conduct customized sensitizations on personal financial planning, preretirement, changes in pension industries among others.

Yes. Based on an agreement (customized MOU) between the Sponsor and LAPFUND..

Check off (Payslip deduction)

Deposit money via MPESA (PAYBILL NUMBER 754488 and Account number: National ID number)

Standing order into our bank account (reference your name/National ID number)

Direct deposit into our bank accounts (reference your name/National ID number)

No. There is no taxation on the principal but investment income shall be taxed. (Voluntary)

The Gratuity shall be taxed under the preferential graduated scale in a registered retirement benefits scheme.

LAPFUND prudently invests in various assets classes including Government bonds and Treasury bills, Equities, Fixed Deposits and Properties

The nominated beneficiaries as per LAPFUND are paid equally or as per allocation done by the deceased.

-Dismissal/degazettment -Member is paid

-Resignation-Member is paid

-Member/Beneficiary is mentally challenged /incapacitated-it is under the discretion of Trustees.

Yes you are allowed.

Deposit money via MPESA PAYBILL NUMBER 754488 account number: National ID number

Direct deposit into our bank accounts (reference your name/PF number)

Via the LAPFUND website (members’ portal) or our USSD Code *632#

No. LAPFUND has contracted out of making NSSF Tier II contributions to NSSF.

This means that the additional NSSF contributions will be part of the 12% you already contribute to LAPFUND.

No. Under RBA regulations, the law does not allow your pension to be assigned to any liability.

It is a requirement of LAPFUND procedure that a member who is attached to the employer be cleared /verified while accessing retirement benefits.

LAPFUND is an occupational scheme where members are attached to Employers.

An abundance of caution to ensure that the benefits are paid to the correct member.

Members gain from the investment income over time. Members will receive annual statements of accounts

County assembly gains from LAPFUND excellent track record in administration of retirement benefits, including prompt payment of benefits

The responsibility of managing the county assembly gratuity fund will be passed to LAPFUND

The County Assembly projects the image of a caring employer by ensuring that MCAs enjoy maximum benefits at the expiry of their term

One of the benefits of Gratuity conversion is to enjoy the various tax relief.

The Gratuity will be taxed on a preferential rate for retirement benefits as opposed to the flat 30%.

This is payable at the completion of term, resignation, dismissal or death.

Yes. Members are advised/ encouraged to periodically increase their voluntary contribution so as to maximize on their savings.