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Tag Archives: MID TERM

NSSF midterm payments hit sh421 billion in 3 months

  Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has paid out a total of sh421 billion worth of midterm benefits to over 21,600 eligible members in less than 3 months, following commencement of payments in March this year. The payments are in respect to Section …

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NSSF mid-term requests decline after first month

Kampala, Uganda | THE INDEPENDENT | Up to sh400 billion has been paid out to over 18,000 claimants under the National Social Security Funds-NSSF midterm access. According to information obtained by URN, the fund made the first disbursement on March 17, 2022, after receiving 41,174 applications. Of these, only 14,690 applicants were …

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Why NSSF mid-term payments could delay for some

Kampala, Uganda | THE INDEPENDENT | Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause of delays in the disbursement of the payments. Unlike the online applications, …

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Parliament passes NSSF bill, okays mid-term access

Kampala, Uganda | THE INDEPENDENT | Parliament has today considered and passed the National Social Security Fund (Amendment) Bill, 2021. The bill that allows 20% mid term access for workers who have saved for over 10 years and have reached the age of 45, now awaits presidential consent. “Today, I …

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NOTU spitting fire over delayed NSSF Bill

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) has threatened to mobilize workers countrywide to protest the delayed processing of the National Social Security Fund (NSSF) amendment bill. Although the NSSF Bill recently appeared under the business to follow for debate on the order paper, …

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NSSF: Mid-term payments will be staggered

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has said that it has no money available for lump sum payments if parliament passes the NSSF Amendment Bill. NSS say payments can only be staggered. This was disclosed by the fund’s Managing Director Richard Byarugaba on Thursday …

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Museveni gives nod to mid-term NSSF access

Entebbe, Uganda | THE INDEPENDENT |  President Yoweri Museveni has likened himself to Pontius Pilate in the Bible, as he reluctantly agreed to the workers mid-term access to their saving in the National Social Security fund. He today directed the Minister for Gender, Labour and Social Development Betty Amongi to make …

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