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Tag Archives: nssf

Employees of Chinese construction company resolve to return to duty

Kampala, Uganda |  THE INDEPENDENT |  The employees of China State Construction and Engineering Corporation Limited have agreed to resume work following a commitment by their employer to pay their National Social Security Fund-NSSF contributions and wage arrears.  The company was contracted by Kampala Capital City Authority-KCCA to construct Nakawa-Ntinda, John …

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NSSF takes on agency service model to expand reach

Kampala, Uganda |  THE INDEPENDENT |  Contributors to the National Social Security Fund now have more channels through, which to access its services following the launch of the agency system.  NSSF, which has 17 branches across the country has set up temporary outreach centers in an attempt to attract more contributors. …

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NSSF hit by COVID-19

The pandemic has eroded return on contributor’s savings Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension firm, National Social Security Fund, will pay low interest rates on contributor’s savings due to the impact of coronavirus pandemic. NSSF Managing Director, Richard Byarugaba, flanked by his deputy, Patrick Ayota, said on Sep.24 …

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NSSF interest may dip to single digit

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund forecasts it will pay members less than 10 percent interest down from the double-digit interest rate that it has paid over the last several years after their operations were adversely affected by the COVID-19 pandemic. The final interest rate …

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Parliament halts decision on NSSF mid-term access to benefits

Kampala, Uganda | THE INDEPENDENT | Parliament has halted its decision on the proposed mid-term access to benefits by contributors to the National Social Security Fund (NSSF) after legislators failed to agree on the group of people and percentage that should be availed. This followed a debate on a joint committee …

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Joint committee rejects NSSF direct lending to gov’t

Kampala, Uganda |  THE INDEPENDENT | A  joint team comprising members from the finance and gender committees in parliament has rejected proposed direct lending by the National Social Security Fund (NSSF) to the government. The committee members say that this is intended to avoid abuse of member’s funds and conflict of …

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NSSF members can now submit claims via online

Kampala, Uganda | Julius Businge | On Sept.08, the National Social Security Fund executives announced that members who qualify for withdrawal of their savings can now submit and track their claims online and through their internet enabled devices like mobile smart phones. The NSSF Head of Marketing and Communications, Barbra Teddy …

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