Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has shown interest to collect contributions for the National Health Insurance scheme. The National Health Insurance Scheme Bill 2019 is meant to introduce a Universal Health Care to improve health outcomes and expand access to essential health care services …
Read More »JOBS: NSSF Childcare Overseer
JOB TITLE: CHILDCARE OVERSEER REPORTS TO: CRECHE MANAGER DEPARTMENT: HUMAN RESOURCE AND ADMINISTRATION DEPARTMENT DUTY STATION: KAMPALA, WORKERS HOUSE Main purpose: The job holder is responsible for effecting the day to day running of the crèche by organising and implementing a stimulating and varied programme of activities for children …
Read More »BOU says NSSF bill unfair to pension sector players
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has opposed some provisions in the National Social Security Fund Amendment Bill, 2019 as unfair to other pension sector players. The BoU Deputy Governor, Louis Kasekende disclosed this while leading a delegation officials from the central bank to submit their views on …
Read More »Finance Ministry wants sole control over NSSF
Kampala, Uganda | THE INDEPENDENT | The Finance State Minister in Charge of General Duties, Gabriel Ajedra, wants the supervision of the National Social Security Fund-NSSF placed entirely under the Finance Minister. He was presenting the Ministry’s position to the joint Gender and Finance Committee of parliament on the NSSF …
Read More »NSSF trashes proposal to tax savers benefits in new bill
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has said that the government should consider leaving the taxation issue out of new NSSF bill, 2019, because of the anxiety it sparked among the savers. The government had suggested that workers who wish to withdraw their savings at …
Read More »It is an 11% interest rate for NSSF members this year
✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% Kampala, Uganda | THE INDEPENDENT | Ugandans saving with the National Social Security Fund (NSSF) will earn 11 per cent on their savings this year, a drop …
Read More »What interest rate will NSSF declare to savers today?
✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 -……….. Kampala, Uganda | THE INDEPENDENT | Ten days after cautioning that National Social Security Fund (NSSF) will pay a lower interest rate on account of a drop in its total …
Read More »Uganda Govt’s next move on Non-Governmental Organizations
It now has data on their agenda, funders, money Kampala, Uganda | IAN KATUSIIME | After a month-long verification and validation exercise of NGOs operating in Uganda, attention has now shifted to what the government intends to do next. What is clear so far, according to interviews The Independent did …
Read More »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 …
Read More »NSSF loses Sh402 billion, members to get less than 15%
❇ Money paid in benefits up by 25% from sh360 billion to sh450 billion ❇ 17% growth in contributions collections from sh1.049 trillion to sh1.208 trillion ❇ Assets under Management up by 13.1% from sh9.98 trillion to sh11.3 trillion Kampala, Uganda | THE INDEPENDENT | National Social Security Fund (NSSF) members should expect …
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