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e-statement

Welcome to the NSSF E-statement feature. In our continued effort to serve NSSF members better, we have enhanced the e-statement feature to make it more user-friendly, quicker and easier and to access your e-statement online.



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Pre-registration

Welcome to the NSSF pre-registration feature. Please note that only non-registered members are to use this feature.



»Employee pre-registration »Employer pre-registration

Employee pre-registration

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Employer pre-registration

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Customer query

Welcome to the NSSF customer query feature. In our continued effort to serve NSSF members better, we have enhanced the e-statement feature to make it more user-friendly, quicker and easier and to access your e-statement online.



»Statement update »General Feedback »Report Fraud
»Report a defaulting employer »Benefits follow up

Statement update

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General Feedback

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Report Fraud

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Report a defaulting employer

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Benefits follow up

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Contributions

The NSSF covers all employers who have 5 or more employees between 16 and 55 years of age, with the exception of employees under the Government Pensions Act. The NSSF Act requires a registered employer is required to pay contributions to the Fund for his\her employees every month during which he/she pays salaries.

The NSSF Act also provides for voluntary membership for employers with less than 5 employees.

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Investment

NSSF collects members' contributions and invests them judiciously, and pays commensurate benefits to qualifying members. The money collected is maintained on individual member accounts, invested and earns an annual interest depending on our return on investments.

NSSF's Investment Policy provides for clear guidelines on investments. The Board and Management are mandated by the NSSF Act to invest the money on behalf of the NSSF members. Currently, NSSF has various investment interests in real estate, equities, and fixed income. The benefit for the member is that the member is assured of secure retirement.

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Benefits

NSSF administers and pays qualified contributing persons the following benefits;
Age
Invalidity
Survivors
Withdrawal
Exempted Employment
Emigration Grant

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Contact info

  • Plot 1 Pilkington Road,
    Workers House, 14th Floor

  • P.O Box 7140, Kampala, Uganda
  • Email: customerservice@nssfug.org
  • Phone: +256 313-331-755
  • Toll free: 0800 286 773
  • Website: www.nssfug.org

Let's keep in touch

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NSSF 4th Annual Members’ Meeting (AMM) draws positive feedback

On October 12, 2016, NSSF held the 4th Annual Members’ Meeting (AMM) at Kampala Serena Hotel. The meeting attracted over 1,000 NSSF members.

At the same meeting, the NSSF Managing Director Richard Byarugaba gave an update to members on the Fund’s performance for Financial Year 2015/2016.

 

The highlights include the following;

The Fund size has grown from Shs 5.6 trillion in FY2014/2015 to Shs 6.5 trillion, an increment of 18%. The growth in Fund size was driven by the continued growth in both member contributions and investment returns.

 

Realized revenue went up by 21% from Ushs 583 billion to Ushs 708 billion, mainly due to improved bond yields and dividend income from equity investments. Treasury yields improved across all maturities, rising above the 17% mark compared to last year’s 6.7%.

 

The Fund registered a profit after tax of Ushs 491 billion, mainly driven by good yields from the Fixed Income portfolio. This was however a reduction from Ushs 647.7 billion, mainly as a result of the effect of a volatile shilling and negative growth of the stock markets across the East African region and across frontier markets.

 

Member contributions in the year increased by 14%, from Ushs 688 billion to Ushs 785 billion, mainly as a result of improved compliance and new member registrations.

 

Benefits – benefits paid out to qualifying members increased by 28%, from Ushs 187 billion to Ushs 239 billion, mainly as a result of an increase in number of claimants, and improved turnaround time, now at 8 days.

 

The Cost Income Ratio improved to 13.2% from 13.8%.

 

For details, please download NSSF 2016 Annual Members Meeting – 2015/2016 Financial Performance

 

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