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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❇ 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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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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The reforms the NSSF Act and Social Pension Schemes need for alignment with comprehensive social protection systems COMMENT | PATRICK AJUNA | The National Social Security Fund (NSSF) (Amendment Bill), 2019 presented in parliament recently has generated mixed reactions from the public on a number of issues of interest. This …
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Martin A. Nsubuga was confirmed as the Chief Executive Officer for Uganda Retirement Benefits Regulatory Authority (URBRA) in June 2019. He broadly spoke to The Independent’s Julius Businge about his plan and emerging issues in Uganda’s pension sector. What is it that you have started off with as substantive CEO? …
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The government’s plan to amend the current NSSF Act has caused uproar among the public in the past days. NSSF’s Managing Director, Richard Byarugaba, spoke to The Independent’s Isaac Khisa about the motives behind the proposed law and its implications to the members and economy. What does this NSSF Amendment …
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The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …
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Kampala, Uganda | THE INDEPENDENT | Mandela National Stadium is seeking 15 billion Shillings for acquisition of security equipment and to erect a fence. The budget is revealed in documents submitted to Parliament’s Public Accounts Committee (PAC) –Central Government by the Stadium Managing Director Jamil Sewanyana. The documents were demanded …
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VIDEO: Is the NSSF Amendment Bill 2019 targeting workers’ savings? Kampala, Uganda | VIDEOS NTV UGANDA | The NSSF Amendment Bill that is now in parliament is a big win for members, as they will be able to take home more at the end, and will enable NSSF management offer more …
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Kampala, Uganda | THE INDEPENDENT | A bill that aims to expand social security coverage by making contributions to the National Social Security Fund (NSSF) mandatory for all workers in the formal sector has been presented to parliament for its first reading. Minister of State for Youth and Children Affairs Florence …
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The Independent Uganda: You get the Truth we Pay the Price
