About Kuleni Umbrella Pension Fund

Kuleni Umbrella Pension Fund (“KUF”) is a retirement fund where multiple and unrelated employers, who are small and medium enterprises/ startups, and corporations both in the public and private sector, may join. Aside from the retirement savings element, members receive Pension- backed home loans, and insured benefits, which may include death, funeral cover, ill health and disability as part of the package.

KUF as an umbrella fund pools the contributions of various participating employers and members in one fund, which allows for cost savings.

How to join Kuleni Umbrella Pension Fund

1. Any employer in Namibia my apply to become a participating Employer in the Fund.
2. The application shall be made in writing to the Board of Trustees of this Fund.
3. Once approved, we will jointly draft special rules applicable to the Employer.
4. Special rules specify the level of contributions and benefits.
5. The Special rules will be submitted to the Regulator for approval and once approved the membership starts.

The General rules makes general provisions for the benefits provided, the management of the Fund etc.

For more information, please contact us.