Tag Archives: nssf

  Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund will commence payment of eligible members for the mid-term access to their contributions on March.17 in response to the new pension law. President Yoweri Museveni assented into the amended pension law, NSSF Act 2022, paving way for contributors …

Kampala, Uganda | THE INDEPENDENT & URN |  In accordance with the National Social Security Act (2022), the National Social Security Fund (NSSF) will commence payments to eligible members for the ‘Mid-term access’ in respect to Section 20A (1), (2), effective March 17th. This was revealed today by Richard Byarugaba, the …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) will pay 50 Billion Shillings every week for the first five months to beneficiaries of the midterm access. This was revealed on Thursday by Betty Amongi, the Minister for Gender, Labor, and Social Development while announcing the guidelines, regulations, …

URBRA made a total of 16 recommendations, of which 13 were adopted by Parliament and incorporated into the new law COMMENT | MARTIN A. NSUBUGA | The enactment of the NSSF (Amendment) Act 2021, came as a New Year Gift, not only for members of NSSF, but for all who had …

Octagon Africa, a regional financial services provider offering pension and insurance service entered Uganda’s pension market in 2013, and now holds about US$100million in assets under its management. The firm’s CEO Fred Waswa spoke to The Independent’s Isaac Khisa on a wide range of issues in the pension industry. What …

Kampala, Uganda | THE INDEPENDENT | The National Social Social Security Fund-NSSF together with the Ministry of Gender have pledged to expedite a statutory instrument that will ease access to savings by Ugandan workers. The commitment follows the enactment of the NSSF (Amendment) Bill which was assented to by President Yoweri …

Kampala, Uganda | THE INDEPENDENT & URN | President Yoweri Museveni has signed into law the the NSSF (Amendment) Bill, 2021, his Senior Press Secretary Lindah Nabusayi has said in a brief statement. A key provision in the NSSF (Amendment) Bill, 2021 will grant members aged 45 and above and who have …

  Kampala, Uganda | THE INDEPENDENT | Richard Byarugaba, the Managing Director of National Social Security Fund (NSSF) says the fund will have to set aside Sh1 trillion  if the President assents to the NSSF (Amendment) Bill, 2021. Parliament passed the Bill last month. Among the key provisions in the …

  Nairobi, Kenya |  THE INDEPENDENT | The events of the past eighteen months have cast a spotlight on the ability of states to support vulnerable citizens during times of crisis. In Kenya, the official state agency responsible for social security chose SAP to support its growth, enable the expansion …

Kampala, Uganda | THE INDEPENDENT | Parliament has today considered and passed the National Social Security Fund (Amendment) Bill, 2021. The bill that allows 20% mid term access for workers who have saved for over 10 years and have reached the age of 45, now awaits presidential consent. “Today, I …