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Tag Archives: nssf

Mak staff exempted from mandatory contributions to NSSF

Kampala, Uganda | THE INDEPENDENT | Makerere University staff have been exempted from the mandatory contribution to the National Social Security Fund-NSSF. The exemption has been given by the finance minister Matia Kasaija, who approved the Makerere University Retirement Benefits Scheme as a supranational scheme to offer retirement benefits to employees …

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Makerere University sued for diverting UGX 4Bn retirement benefits

Makerere University has been issued with summons to file a defense within 15 days or else court will proceed and deliver judgement Kampala, Uganda | THE INDEPENDENT | The registered trustees of Makerere University Retirement Benefits Scheme have sued the institution for alleged failure to remit more than four billion shillings to …

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NSSF to release savings to Covid-19 patients

Patients undergoing treatment for COVID-19 at an intensive care unit (ICU) can now partially access their NSSF savings Kampala, Uganda | THE INDEPENDENT | Savers with the National Social Security Fund can now partially access their savings should they be undergoing treatment for COVID-19 at an intensive care unit (ICU). The NSSF says …

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NSSF nine-month deficit falls to UGX 31.1 billion

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund has a mixed picture in its performance over the nine months ending March 202, compared to the same period ending March 2020. This is largely due to the effects of the COVID-19 pandemic, as well as the changes in the …

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KCCA ordered to recover monies for pensioners

Kampala, Uganda | THE INDEPENDENT | Legislators have backed the Committee on Commissions, Statutory Authorities and State Enterprises’ (COSASE) recommendation to Kampala Capital City Authority (KCCA) to recover the 10 per cent contributions that were remitted to National Social Security Fund (NSSF) for its pensionable staff. The committee report presented by the …

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NSSF unveils UGX 800 billion procurement plan

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund-NSSF has invited local suppliers to take up opportunities worth 826 Billion Shillings that it plans to spend on procurement for products and services in the year 2021/2022 financial year. The planned projects include real estate, which will take 779 billion …

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COSASE tasks KCCA to recover NSSF remittance to staff

Kampala, Uganda | THE INDEPENDENT |  Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has recommended that the Kampala Capital City Authority-KCCA Accounting Officer recovers the 10 percent contribution that was remitted to National Social Security Fund (NSSF) for KCCA pensionable staff. The committee has also criticized officials of …

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