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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
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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

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NSSF wins another global investment award

KAMPALA, May 5, 2017: The National Social Security Fund (NSSF) Uganda has won the Africa Pension Fund Infrastructure Investment Initiative of the Year Award, beating other top pension funds on the continent.

 

The NSSF Chief Investments Officer, Gerald Paul Kasaato received the award on behalf of the Fund during the Africa Investor Infrastructure Development Summit held in Durban, South Africa on Tuesday May 02, 2017.

 

The Fund was recognized along with other global pension funds as well as leading pension fund personalities, for efforts made so far and being made in investments in the infrastructure space.

 

Managing Director Richard Byarugaba said that the award is another milestone for the Fund for its prudent, yet aggressive investment strategy.

 

“We are glad that our investment efforts such as the upcoming UN Model Project, the Off taker project in Real Estate, contractor financing and our investment on PTA Bank to finance infrastructure have been recognised. As a Fund, we are delighted but not surprised by this award”, he said.

 

In November last year, the Fund made an additional investment of about Ugx 59.4 billion in Umeme Limited, effectively increasing its stake in the company from 15.5% to 23%. The Fund also invested in PTA Bank, which predominantly supports infrastructure funding. 

 

“We have become a benchmark for the social security industry in the East Africa region and we are steadily climbing the ladder to the top on the African continent,” he added.

 

Byarugaba said that the Fund is committed to preserving and growing the value of its members’ savings, by paying a real rate of return above the 10 year inflation average, driven by an aggressive investment strategy within Uganda and East Africa.

 

The Fund has over the last 5 years consistently surpassed its target on interest payment to its members. Last year, the Fund paid an interest rate of 12.3%, which was higher than the 10-year average rate of inflation rate of 8.6%.

 

This is the second time that the Fund is recognised at a continental and global level for its investments. In 2015, the Fund won the African Pension Leadership Initiative of the Year Award for its diversification efforts in the equity space.

 

Commenting on the award, CEO of Africa Investor Hubert Danso said that for Africa to realise its economic potential, it is critical that long-term industries, such as infrastructure, energy and transport, provide the groundwork for private equity transaction growth and job creation in Africa.

 

“We are therefore delighted to recognise the leading role that institutional investors and, more especially, international and domestic pension funds play in these transformative investments in Africa. We salute all the winners, both pension fund leaders and institutional institutions,” he said.

 

Africa Investor Summit partners include the World Pensions Council, the Institutional Limited Partners Association, the African Pension Fund Network and the African Securities Exchanges Association, amongst other prestigious institutions.

 

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