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Tag Archives: nssf

Activist petitions Constitutional court over NSSF monopoly

Kampala, Uganda | THE INDEPENDENT | An activist has petitioned the Constitutional court to declare that a compulsory requirement that employees must register and save their retirement money with only the National Social Security Fund (NSSF) is illegal and limits people’s freedom of choice and democracy. The petition is filed by …

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20% NSSF payout benefits no one

While everyone understands the financial squeese workers are going through, let’s not court more disaster COMMENT | PETER NYANZI | In the 1830s, the British Economist William Forster Lloyd wrote an essay in which he described a phenomenon he called the ‘tragedy of the commons.’ Simply put, if a shared/common …

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Human Rights activists petition Court over NSSF relief

Kampala, Uganda  | GODFREY SSALI | Uganda’s Constitutional Court has given National Social Security Fund (NSSF) and the Attorney General of Government 10 days within which to respond to a petition filed by a Human Rights Activist Morris Rwakakamba. Rwakakamba who filed the petition in public interest, wants an interpretation of …

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Officials want NSSF name changed

Kampala, Uganda | THE INDEPENDENT | Officials in the pension sector are debating the idea to change the name of National Social Security Fund (NSSF) because ‘the way it is now’ doesn’t speak to what the fund is. Martin Nsubuga, the executive director of the Uganda Retirement Benefits Regulatory Authority (URBRA), …

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1500 businesses write to NSSF to reschedule contributions

Kampala, Uganda | THE INDEPENDENT | At least 1500 businesses countywide have written to the National Social Security Fund-NSSF to reschedule their contributions for the next three months, URN has learnt. This follows a notice issued by NSSF on March 31st, 2020 inviting businesses and employers facing economic distress to reschedule …

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NSSF boss warns of tough times if forced to pay 20% to savers

Kampala, Uganda | THE INDEPENDENT | The Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has warned of the likelihood of the collapse of the fund if the suggestion that it pays 20 percent to each saver is approved. In a ‘passionate’ four-page letter to the Minister …

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Kuluva hospital workers strike over non-payment

Arua, Uganda |  THE INDEPENDENT |  Work grounded to a halt at the Church of Uganda owned Kuluvu hospital in Arua district on Monday when health workers and support staff laid down their tools protesting nonpayment of their wages and contributions to the National Social Security Fund-NSSF. The more than 80 …

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