Personal Pension Plan

The Personal Pension Plan is an investment plan that assists the policyholder to accumulate funds for retirement purposes. It provides for a lump-sum payment at the selected retirement age or regular periodic payments during retirement. It also includes Life Cover, which provides financial protection in the event of death during the course of the policy.

Requirements:

Reside in Ghana
Be between 19 and 58 years at your next birthday
A valid scanned copy of your I.D. (e.g., Voter’s ID, Driver’s License, Passport, or SSNIT)
Where applicable, include a scanned copy of your payslip and service I.D. if you work with Police, Ministry of Defense, or Ghana Ports and Harbor Authority (GHPHA)
A valid and funded bank account or Mobile Money Wallet

Personal Pension Plan - FAQs

1. What is the Personal Pension Plan and why do I need it?

The Personal Pension Plan helps you build up funds for a comfortable retirement. It ensures that you receive either a lump-sum payment at retirement or regular payments throughout your retirement. It also includes life cover for added protection in case of death before retirement.

2. Who is eligible for the Personal Pension Plan?

To be eligible, you must reside in Ghana, be between 19 and 58 years old at your next birthday, and have a valid I.D. If you work with specific organizations like the Police, Ministry of Defense, or GHPHA, you may need to provide additional documents like a payslip and service I.D.

3. What happens if I pass away before retirement?

If you pass away during the course of the policy, Pinnacle Life provides life cover, ensuring that your beneficiaries receive the agreed-upon financial support, offering peace of mind to both you and your loved ones.