Institutional Framework
Mazima Retirement Plan’s saving objective
Mazima Retirement Plan aims at creating a community of empowered members who are consistently saving towards the fulfillment of their retirement goals.
2500+
Scheme Members
1.2B+
Savings
10%+
Interest payout
It's easy to join with Us
Create an Account
To be a Mazima member you have to open an account first.
Verification
After registration you need to verify your Email and Mobile Number.
Save
Start saving with Mazima Retirement Benefits Scheme.
Get Service
Now you can get any of our services as our registered account-holder
Frequently Asked Questions About Mazima Retirement Plan
Mazima Retirement Plan
Any adult working in the formal or informal sector is welcome to join and save for their future with Mazima Retirement Plan.
The Mazima Retirement Plan is governed by a Board of Trustees comprising of five (5) members who are nominated by the Scheme members. The Board of Trustees are supported by service providers that include: • Housing Finance Bank Uganda the scheme’s custodian, • Britam Asset Managers the scheme’s Fund Managers • Enwealth Financial Services the scheme administrator. • Uganda Retirement Benefits Regulatory Authority which oversees the scheme activities to ensure that they are in accordance with the law.
1.To register using MTN dial *165*6*4*2#, input your mobile money pin code and the 10,000/= will be deducted from your account. After registration, save your initial deposit by dialing on your phone *165*6*4*2# Option 1 savings, select deposit, input amount, input your MTN mobile money pin code. For Airtel dial *185#, Select Pay Bill (4), Select Others (9), Enter Business Number: 550117, Enter Amount, Enter Reference Number/Reference for Payment, Confirm Payment, Enter PIN, Payment is received and confirmed. 2.Visit the nearest Pride Micro Finance Branch and speak to their Customer Service Representatives. 3.Call Mazima Retirement Plan Customer Liaison Team on +256774132503 /+256707466276 or WhatsApp on +245 774132503.
No, we don't provide our account holder's information to any third-party organization.
1. Your money grows because Mazima offers competitive interest annually above the inflation rate. 2. With our 70:30 policy, you can withdraw 30% of your savings after 6 months of saving with the scheme. 3. Signing up is very easy. All you need is your mobile phone. 4. Your money is safe. No one, not even the trustees can withdraw it. Your savings are regulated and monitored by the Uganda Retirement Benefits Regulatory Authority (URBRA) with Housing Finance Bank of Uganda being the custodian, Britam being responsible for the management of funds of the scheme for the purpose of investment in accordance with the schemes investment policy and scheme rules and Mazima Trustees having a fiduciary responsibility for all decisions of the scheme and to ensure the safety of your funds. 5. You can easily track your savings using your mobile phone (MTN, AIRTEL and PEGASUS). 6. You can save whenever and whatever amount you have. All you need is a minimum saving of 10,000 per month to keep your account active. 7. You join a refreshing, dynamic, motivating family of savers that encourages you to save for your future goals. 8. You can benefit from free financial literacy trainings and guidance on how to grow your money. 9. You can also open a Retirement Benefits saving account for your children.







