URBRA’s Nsubuga says “we think that this lump sum payment is not attractive” Kampala, Uganda | THE INDEPENDENT | The pensions sector regulator URBRA insists that the decision to allow savers to withdraw up to 20 percent of their savings to cater for emergency financial distress was wrong and could …
Read More »‘120 months NSSF contribution thresh-hold to be scrapped’
Kampala, Uganda | THE INDEPENDENT | The Government and workers’ representatives have agreed to scrap the 120 months-contribution thresh-hold requirements for National Social Security Fund-NSSF midterm access. Usher Wilson Owere, the chairperson of the Nation Organization of Trade Unions-NOTU disclosed this during the Labor Day celebrations at Kololo ceremonial grounds. The Gender, Labor …
Read More »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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