Chairman Board Junjura: Dr Okello mentored us. His best attribute was humility. We thank him for serving humanity with such humbleness. COMMENT | LYDIA MIREMBE | When the Uganda Retirement Benefits Regulatory Authority (URBRA) was established in 2011, by an Act of Parliament, operationalizing it was like an experiment. There was …
Read More »Retirement saving is key in eradication of old-age poverty
Nearly 50% of orphaned children live with their grandparents COMMENT | LYDIA MIREMBE | Recently I was riding in a taxi, enduring Kampala’s evening traffic jam, as motorists and cyclists crisscrossed between lanes, taking advantage of every available space to pull forward. Suddenly I heard the driver of our taxi shouting …
Read More »Provision of retirement benefits is a key element of labour justice
Around the world, the most recognized form of social justice and protection, is the provision of pensions for older persons. COMMENT | LYDIA MIREMBE | On May 1st, Uganda joined the rest of the world to commemorate International Labour Day, under the theme: Improving Access to Labour justice, a pre-requisite for …
Read More »A safe and healthy working environment has implications for retirement
COMMENT | Lydia Mirembe | A story is told of a young factory worker, whose hands were crushed as he operated a machine in the factory. Having lost both hands, he could not carry on with his job, and was forced to take early retirement. His employer sent him home with …
Read More »Digital technologies enable women take charge of their retirement prospects
Out of the estimated 21,930,000 women in Uganda, 61.7% access internet daily, and 44% percent use their own mobile phones COMMENT | Lydia Mirembe | International Women’s Day is a good time to apply a gender lens to all aspects of life – not only to draw attention to the traditional …
Read More »COMMENT: We must encourage more employees to embrace voluntary retirement saving
“Not everyone who retires has difficulties with the transition, but those that have not planned are at a greater risk of mental and physical health problems” COMMENT | Lydia Mirembe | “It would be quite disheartening for an employer to find their retired employee living in despicable conditions. Every employer should …
Read More »Employers can support employees to attain financial independence
COMMENT | Lydia Mirembe | If Uganda were a civil servant, he or she would be due for retirement this year having attained the mandatory age of 60. For Uganda as a nation, 60 is a very young age. For citizens that inhabit this Pearl of Africa, 60 is when they …
Read More »A regulated pensions environment breeds transparency and accountability
COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …
Read More »Save for emergencies, preserve your retirement savings
As we start 2022, it is important for all of us to appreciate the need to save for a rainy day COMMENT | Lydia Mirembe | If the Covid-19 pandemic has taught us any lesson, it is our inability to predict the future with certainty. But while we may not …
Read More »Aim for financial independence, as you mark Independence Day
As the theme for the national 59th independence says, secure the future through mindset change. You cannot attain financial independence in retirement if you don’t plan and work for it today. COMMENT | Lydia Mirembe | As we celebrate our 59th National Independence anniversary, it is a good time to …
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