YELLOW PLAN
The Yellow Plan of Everyday Pensions
DESCRIPTION
This has the same features as that of Red.
• It has a lump sum min contribution of
GHC 500 and monthly regular min of
GHC 50 – 100
• Flexible payments of daily, weekly, or monthly
contributions
• Moderate Aggressive Fund
• The objective is to help people in the
informal sector (micro sector) retire
comfortably with excellent returns..
Target Market
Target Group – People in the informal sector, market women, less privileged.d.
FEATURES
• After tax deduction
• Made up of two(2) accounts:
a) investment/savings account
that allows you to withdraw
for short to medium term
needs after five years of
contribution
b) A retirement account to be paid
when you retire with special
conditions under which
money can be paid to you
before retirement.
BENEFITS
• Professionally managed
• Provides income security
• Accessibility to Primary Mortgage
• Access to loans
• Tax advantages
• Lump sum payment or annuity payments
at retirement
• Accepts Rollovers from other schemes
• Earnings grow tax free
• Life Insurance (Optional)
• Medical Insurance (Optional)y payments