National Social Security Fund (NSSF) Archives

NSSF Reaps Early Rewards as Airtel Delivers Sweet Dividends

Uganda’s National Social Security Fund (NSSF) is celebrating a GH7.9 billion (US$2.1 million) windfall from Airtel’s interim dividend payout, just two months after the telecom giant’s stock market debut. This early return validates NSSF’s bold US$199 billion (US$52.6 million) investment in the

December 15, 2023

News

Gender Minister Amongi Explains NSSF Mid-Term Pension Access

To qualify for the National Social Security (NSSF) mid-term access, a member should have made contributions for 120 consecutive months, Minister of Gender, Labour and Social Development, Hon. Betty Amongi has clarified. Amongi was responding to a Report of the Committee on

December 1, 2023

Op-ed

NSSF Saga: Whistleblowers Implore Museveni To Urgently Resolve Workers’ Funds Wrangles

A number of workers who save with NSSF have called upon the President of Uganda to personally and urgently re-pick interest in National Social Security Fund(NSSF) saga before a mafia drains the fund. Our spy and intelligence networks received a voice note

January 13, 2023

National News·Uganda

What Is Really Going On At NSSF?

The appointment early this month of Patrick Ayota as caretaker Managing Director at the National Social Security Fund (NSSF), was supposed to be a temporary measure to allow the board and appointing authority to conclude on either reinstating Richard Byarugaba as head

December 28, 2022

National News·Uganda

OP-ED: Why Job Matua Is Also Becoming Another Saboteur

By Ben Ssebuguzi Kampala: It is OK to petition the PM but why doesn’t he first ask his inner man why the board is contented with Richard’s service? The board is the summation of all stakeholders of which even the gender ministry

December 17, 2022

National News·Op-ed

OP-ED: ISN’T LABOUR MINISTER CAUSING UNNECESSARY ANXIETY IN THE PENSION SECTOR?

By Ben Ssebuguzi Kampala: Various communication seen instructing the Minister of Labour and Gender instructing her to re-appoint Mr. Richard Byarugaba as the CEO of Uganda’s National Social Security Fund – NSSF seems to be very clear, but alas! The Hon. Minister

December 16, 2022

Business·National News·Op-ed

OP-ED: Employ Benefits Like NSSF Can Make Your Business Resilient In Post Covid

By Ben Ssebuguzi Kampala: As business executives are scampering to cut costs in order to stay clear of the COVID-19 economic effects, some are making grave mistakes of evading retirement savings for their employees which makes them demotivated at workplaces hence less

September 29, 2022

National News

NSSF Unveils Its Mixed-use Affordable Temangalo Housing Project

The National Social Security Fund (NSSF) has unveiled its mixed-use affordable housing project located at Temangalo, in Wakiso district, 17Kms from Kampala city centre. When completed, it will comprise 3,500 houses of various types, retail and commercial spaces, community amenities including education,

September 22, 2022

Crime·National News

NSSF Retains Shs 14bn UTL Former Employees’ Contribution

On Aug.08, Uganda’s Court of Appeal overturned the High Court decision directing the National Social Security Fund to refund Uganda Telecom Shs14bn contribution belonging to former employees. This verdict meant that the Fund is under no legal obligation to refund the employer

August 18, 2022

Business

BoU Warns Against Cyber Fraud As NSSF Launches Smart Card

The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the card, the fund’s qualified members will be able to directly

June 17, 2022