Thursday , November 7 2024

Tag Archives: NSSF Act

Incomplete Bills won’t be retrieved, rules Oulanyah

Kampala, Uganda | THE INDEPENDENT | Speaker of Parliament Jacob Oulanyah has put to rest the question of lapsed businesses of previous Parliaments, ruling that they cannot be retrieved by subsequent Houses. Oulanyah’s ruling ends uncertainties surrounding legislations that were either not assented to by President Museveni as required under article 91 …

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Reforming Social Security sector

Why it will take more than the positive steps introduced by parliament through the NSSF Bill COMMENT | MORRISON RWAKAKAMBA | After two years of back and forth, legislative rancour, bevy of consultations and a mix of COVID-19 that ripened urgency for workers protections  – and continues to upstage fortunes …

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Officials want NSSF name changed

Kampala, Uganda | THE INDEPENDENT | Officials in the pension sector are debating the idea to change the name of National Social Security Fund (NSSF) because ‘the way it is now’ doesn’t speak to what the fund is. Martin Nsubuga, the executive director of the Uganda Retirement Benefits Regulatory Authority (URBRA), …

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NSSF Bill: Uganda retirement benefits authority opposes capping levy

Kampala, Uganda | THE INDEPENDENT | Uganda Retirement Benefits Authority-URBRA has rejected the provision that caps the levy National Social Security Fund-NSSF should pay to the regulator at 0.05 percent. The National Social Security Fund Amendment Bill among others seeks to amend the NSSF Act, 1985, to provide for mandatory …

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NSSF Byarugaba defends Bill as solution to old age poverty

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund -NSSF, Managing Director, Richard Byarugaba says the proposed amendments to the NSSF Act, 1985 will among other things increase coverage, enhance savings, facilitate innovations and increase saver’s benefits and therefore a solution to old age poverty. Byarugaba defended the …

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Gender, Finance ministers disagree over NSSF bill

Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Minister, Janat Mukwaya has clashed with Gabriel Ajedra, the General Duties State Minister in the Finance, Planning and Economic Development Ministry over certain provisions in the National Social Security Fund Amendment Bill, 2019. The ministers expressed contrasting views …

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Oulanyah orders gov’t to table amendments to NSSF act next week

Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Ministry, has up to one week to table proposed amendments to National Social Security Fund Act, 1985. The Deputy Speaker of Parliament, Jacob Oulanyah made the ruling on Wednesday after the Youth and Children Affairs State Minister; Florence Nakiwala …

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