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Tag Archives: nssf

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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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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NSSF Amendment bill passed, sent to President

📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …

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