Kampala, Uganda | THE INDEPENDENT | The Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has said that they will have no option but to pay the 20 percent to each saver as long as it is approved by Parliament. Members of Parliament are debating a midterm access …
Read More »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 …
Read More »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 …
Read More »NSSF hands over COVID-19 items worth Shs380million
Kampala, Uganda | THE INDEPENDENT | Julius Businge | The National Social Security Fund (NSSF) has donated 5, 000 coronavirus testing kits, reagents and accessories worth Shs381million to the Ministry of Health, it said on April 21. Officials said that part of this money (Shs60million) has been contributed voluntarily by individual …
Read More »Why partial access to retirement benefits due to Covid-19 is a no-go area
COMMENT | Martin A. Nsubuga | During this lockdown period, my colleagues sent me this interesting message: “the current lockdown might be what retirement will be – no cash, no friends, lots of free time, anxiety and the villagers treating you like a suspect.” While this situation may be unlikely …
Read More »COVID-19: NSSF declines to make partial payments to members
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund [NSSF] has said, it has no legal mandate to make partial payments to its members who are currently struggling with the effects of coronavirus. Since last week when the president ordered for a partial lock down of the country, prices …
Read More »COSASE grills KCCA ED Kitaka over staff pensions
Kampala, Uganda | THE INDEPENDENT | The Acting Executive Director Kampala Capital City Authority-KCCA Eng. Andrew Kitaka has denied accusations of flouting the Pensions Act and causing financial loss to government. He was appearing before the Committee on Commissions, Statutory Authorities and State Enterprises-COSASE alongside other Authority officials to respond to …
Read More »URBRA’s new plan for retirees
The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …
Read More »NSSF promises more support to the National Blood Bank
Kampala, Uganda | Julius Businge | The National Social Security Fund (NSSF) has promised to give more support to the National Blood Bank in terms of more blood that it wants to deal with the shortage. In a statement shared with The Independent, the Fund said that, as part of its corporate …
Read More »MPs to conduct public hearings on national health insurance scheme bill
Kampala, Uganda | THE INDEPENDENT | The parliamentary health committee plans to hold public hearings to collect views on the National Health Insurance Bill, 2019. Dr Michael Bukenya, the committee chairperson says that they plan to conduct hearings in the North, West, Eastern and Central Uganda before compiling a report on the …
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