For the first time in Pakistan, State Bank of Pakistan (SBP) has launched Roshan Pension Plan (RPP) being an exclusive product for Non Resident Pakistanis (NRPs) and Pakistani Origin Card (POC) holders to digitally and remotely contribute in RPP to financially secure their post retirement life in Pakistan. Through RPP, they can enjoy an exclusive pension plan with zero front-end load and back end fee and minimal fund management fee of up to 1.5%.
The Roshan Pension Plan (Voluntary Pension System Rules, 2005) is a self-contributory defined contribution pension scheme open to all NRP Rupee Value Account (NRVA) holders of 18 - 70 years of age. Our valued NRPs pursuing a job or being self-employed abroad can avail this product by contributing as low as PKR 10,000/- at a frequency of their own convenience and start building up their financial asset to enjoy regular stream of income after retirement. Contributions in RPP shall become part of an investment pool/fund which will provide a regular source of earning during the post retirement life.
The end to end digital process and simplified mechanism makes it a convenient and efficient process for NRPs to contribute in RPP through their NRVA or RDA at a given frequency with authorized pension fund manager or asset management company affiliated with the RDA bank.
Medium Volatility | 50% | 40% | 10% |
Low Volatility | 25% | 60% | 15% |
Lower Volatility | NIL | 50% | 50% |