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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Welcome to the NSSF pre-registration feature. Please note that only non-registered members are to use this feature.
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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.
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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.…[read more]
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.…[read more]
NSSF administers and pays qualified contributing persons the following benefits;
- Plot 1 Pilkington Road,
Workers House, 14th Floor
- P.O Box 7140, Kampala, Uganda
- Email: email@example.com
- Phone: +256 417 331755
- Toll free: 0800 286 773
- Website: www.nssfug.org
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NSSF reorganising its business for efficiency
NSSF is carrying out a reorganisation exercise to reorient its business in order to meet its strategic objectives, the Fund announced this week.
NSSF Managing Director Richard Byarugaba said in a statement issued on Monday that the Fund has taken a decision to rightsize after critically examining the current health of the Fund and future prospects.
"In September 2010, we conducted a four day Strategic Plan workshop.
Throughout our deliberations, it unfortunately became clear that the current business model we are operating was neither viable nor profitable.
It would not deliver the results that our members expect from us," he said.
He said that although the FUnd embarked on decentralisation, the drive did not take off, resulting in underutilisation of staff that had been posted to the branches.
"On examination of our staff numbers, it became apparent that there was duplication of roles and underutilisation of staff," he said.
Byarugaba added that going forward, the Fund will focus on its core business i.e to grow member contributions and offer an above inflation return to its growing membership.
Click Rightsizing for efficiency to download the statement in full