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NSSF Tier II

Pioneer Assurance is an RBA-licensed pension provider and approved issuer authorized to manage NSSF Tier II contributions under the NSSF Act No. 45 of 2013. By contracting out Tier II funds to Pioneer Assurance, employers and employees gain access to market-leading investment returns, capital preservation, real-time digital portals, and personalized pension administration.

What is NSSF Tier II?

Pioneer Assurance Company Limited is a registered insurance provider in Kenya, licensed by the Insurance Regulatory Authority (IRA) and the Retirement Benefits Authority (RBA) to administer retirement benefits schemes. We are an approved issuer with the mandate to hold and invest retirement benefits funds. Additionally, Pioneer Assurance is a recognized service provider authorized to receive and manage NSSF Tier II contributions under the NSSF Act No. 45 of 2013.

  • Market-Leading Investment Performance – Enjoy exceptional returns, including 12.00% in 2024 and an average of 10.96% p.a. over the past 10 years, consistently outperforming industry averages.
  • Capital Preservation & Diversification – Secure your retirement funds through a robust investment model designed to protect principal capital while optimizing yield across strategic asset classes.
  • Full Regulatory Compliance – Fully compliant with the Insurance Act, Retirement Benefits Act, NSSF Act No. 45 of 2013, and the Contracting Out Regulations 2014.
  • Advanced Digital Access – Monitor pension performance 24/7 via a secure Client Portal, USSD functionality, and instant online statement downloads.
  • Seamless Contracting-Out Setup – End-to-end guidance from Pioneer’s pension experts through all 6 required statutory steps (Form C1, Employer/Trustee Resolutions, Employee Notification, and Administrator Undertakings).
  • Dedicated Account Support – Personalized, customer-centric service with dedicated pension experts assigned to your organization.
  • ✓Proven Track Record: Consistently beats industry average returns year after year (eg, 10.50% vs 8.51% in 2023; 11.50% vs 7.29% in 2018). Capital Security First: Guaranteed capital preservation keeps your employees' retirement futures safe and resilient against market fluctuations.
  • ✓Tech-Driven Transparency: Empowers HR teams and individual employees with instant access to real-time balances via USSD and online web portals.
Employers & Corporate Organizations

Employers & Corporate Organizations looking to contract out NSSF Tier II contributions to maximize retirement benefits for their workforce.

HR Leaders & Finance Directors

HR Leaders & Finance Directors seeking full regulatory compliance with RBA and NSSF guidelines alongside seamless pension administration.

Scheme Trustees & Pension Committees

Scheme Trustees & Pension Committees aiming to partner with an experienced fund manager delivering consistently above-industry investment performance.

Employees & Workers

Employees & Workers who want higher, competitive annual returns and transparent digital access to their retirement savings.

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