Question 1

What is a Retirement Benefit Scheme?

Accepted Answer

A Retirement Benefits Scheme is a structured financial plan or investment vehicle designed to help individuals accumulate funds over their working years to provide income and financial security during retirement. These schemes are often sponsored by employers, government entities, or private organizations and typically involve regular contributions from both employees and employers.

Question 2

What is the SALIH Retirement Fund?

Accepted Answer

The SALIH Retirement Fund is a Shari'ah Compliant Retirement Benefit Fund established within the new County Pension Fund  in line with Islamic Principles of commercial transaction to enable members to save for their future ethically.

Question 3

Who can join the SALIH Retirement Fund?

Accepted Answer

Any employee of the County Government who is not a member of any Retirement Scheme and wants a scheme that is agreeable with Islamic Principles or any other organization that wants a scheme that is agreeable with Islamic Principles for its staff.

Question 4

Why do I need to join SALIH Retirement Fund?

Accepted Answer

The SALIH Retirement Fund will enable you as a member to save for your retirement prudently in a cost-effective and Shar’iah-compliant manner.

Question 5

How can I join the Plan?

Accepted Answer

Individuals can join by filling a membership form. County employees need to fill a form provided by CPF with the approval of the County Human Resource Office or any other applicable office. Organizations can join by signing a Deed of Adherence, available at branch offices or through inquiry.

Frequently asked questions

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