Tag Archives: nssf

The Fund is challenged to create more solutions that will further address social protection in line with the International Labour Organization Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund declared a 10% interest rate for savers for the fiscal year 2022/2023 compared to 9.65% the previous year but …

Kampala, Uganda | THE INDEPENDENT | The High Court has granted Richard Byarugaba, the former Managing Director of the National Social Security Fund-NSSF, permission to amend his petition. He seeks to challenge the appointment of Patrick Ayota, whom he accuses of being ineligible as his successor. The amendment was approved …

✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% 2021 ✅ 12.15% 2022 ✅ 09.65% 2023 ✅ 10.00% URBRA warns of low coverage in the retirement benefits sector and calls for effective policy responses to …

The long-term bond yields recorded a decline compared to the previous financial year, with the 10-year bond yield decreasing from 15.6% to 14.7% Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund (NSSF) has recorded a 15% increase in revenue, reaching Shs2.2 trillion for the Financial Year ending June …

  Kampala, Uganda | THE INDEPENDENT | Richard Byarugaba, the former managing director of the National Social Security Fund-NSSF has petitioned the High Court to annul the appointment of his successor, Patrick Ayota. In his application before the High Court Civil Division, Byarugaba argues that Ayota’s appointment as Managing Director …

Kampala, Uganda | THE INDEPENDENT | Families of some depositors conniving to prematurely access survivor’s benefits is a significant obstacle to the timely payment of the benefits, the National Social Security Fund (NSSF) has revealed. Survivor’s benefits are a crucial part of NSSF’s benefit payments, intended for the families of …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) is on track to achieve all its 2015-2025 strategic objectives by 2025, and even earlier in some instances, their new Managing Director Patrick Ayota has stated. He has also promised that the Fund will yet again pay a competitive interest …

Kampala, Uganda | THE INDEPENDENT | Members of International Social Security Association (ISSA), have agreed to have shared digital knowledge to expand social security coverage in the informal sector. ISSA is an extension of the International Labor Organization, focusing on improving social security services among its more than 170 member states. …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has been elected as the focal point for the implementation of the International Social Security Association’s (ISSA) activities in East Africa. ISSA is the world’s international organisation for social security institutions, government departments, and agencies, with over 320 member …

Kampala, Uganda | THE INDEPENDENT | Subcontractors in the oil and gas sectors have been urged to ensure monthly contributions to the National Social Security fund. It is emerging that some of the companies that got part of the lucrative deals in the oil and gas development at Tilenga and …