Tier 3 (Best Provident Fund Scheme) is a fully funded and privately managed provident fund scheme.
It guarantees the contributor tax reliefs and serves as a financial vehicle for members who seek
enhanced pension benefit. The scheme provides tax exemptions to scheme members if
withdrawals are done after 10 years. The setting up of a Provident fund can be
initiated either by the employer or employees in the formal sector or by
mutual consensus by employees.

Unique features of the Tier 3 Provident scheme:

1. Guaranteed lump sum payment
2. Tax reliefs for contributions up to 35% of gross salary
3. Withdrawal options in line with Scheme rules
4. Secure loans at competitive rates