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



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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.



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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: +256 417 331755
  • Toll free: 0800 286 773
  • Website: www.nssfug.org

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Pension Towers to reduce office space shortage in Kampala

After years of sporadic investments in commercial real estate development, NSSF is now set to radically change this situation by bringing onto the market what will be Uganda’s most modern and state- of- the- art building in Kampala city.

While many Kampalans may not be aware, a huge and gigantic structure is slowly and steadily taking shape in the heart of Kampala’s leafy suburb of Nakasero.

Behind the iron-sheet hording, just below All Saints Church, opposite the French Embassy on Lumumba Avenue, hundreds of workers are busy working like ants to bring to life a structure that will in future colour Kampala’s skyline.
This is Pension Towers; a project that was initiated way back in 2000.
NSSF MD Richard Byarugaba, Board Chairman Vincent Ssekonno and Pension Towers Project Manager Henry Sentoogo during a tour of construction work at Lumumba AvenueWhen the current NSSF Board took office, it set itself the onerous task of reviving and rekindling all idle projects which were in the pipeline and stagnating for one reason or another. Pension Towers is one of these projects.
Last week, the NSSF Board undertook a tour to appraise themselves with the progress of the project. An evidently satisfied and happy Board led by the Chairman Mr. Vincent B. Ssekonno thanked the contractor and consultants for a good job done so far.
Said Mr. Ssekonno, “We, as a Board, are very happy with the speed and quality of the work so far executed. We are very satisfied with what we have seen and we are immensely impressed by the design and quality of the work.” he said.
The lead consultant on the project, Mr. Henry Ssentoogo, thanked the Board for making time to come around and tour the project. Mr. Ssentoogo said, “Years of low investment in the sector are responsible for the high rental rates in Kampala City and if left unabated, will be a disincentive to investors coming to do business in Uganda.”
He added that investing in modern commercial office space will attract and encourage investors to come into the country and start business. Large multinational companies that hope to do business in Uganda anticipate getting suitable office accommodation at reasonable rates. By putting Pension Towers on the market, NSSF is making a visible contribution in the area of providing office space.
The gigantic building will provide 59,413 square metres of office space in three towers; one with 25 floors, plus 2 towers of 8 floors each. It will also have 4 basements which will take up to 500 cars.
In addition, it will have 2 podium levels for shopping malls, restaurants and conference facilities.
Mr. Ssekonno said that to get a sense of how big this building is, you need to compare it with the Workers House which has only 15,000 square metres of office space and can take up to 150 cars.  
The rentable space in Pension Towers will be equal to all the space in the top 5 commercial properties combined, namely; Crested Towers I &II, Uganda House, Sheraton Hotel and Charm Towers.
On the same day, the Board inspected civil works in the upmarket residential area of Mbuya hill where the Fund is completing the construction of six luxury apartments.One of the luxury apartments under construction at Mbuya hill
 The luxury apartments will be completed in July this year and will be put on the market for sale through competitive bidding thereafter.
The apartments boast of a panoramic view and are located in a serene environment less than 10 kilometres from Kampala City centre. The Fund is in the preparatory stage of launching the second phase of the project which will cover another 16 units of apartments in the same area. The construction of these apartments under phase two will commence around October this year.   
Lubowa, Temangalo projects to start
NSSF has 563 acres of land in Lubowa and intends to develop part of it into 3000 housing units for middle and high income earners. The project is set to commence later this year in a phased approach.  
Arrangements are also already in high gear to construct 5000 housing units in Temangalo starting in 2012.
The Fund’s real estate investments are in line the Government’s plan to provide affordable housing and decent accommodation to Ugandans.  
In his 2011 NRM election manifesto, President Museveni states that the housing sector has many multiplier effects with backward and forward linkages in the economy. The industries which produce building materials and the construction sector itself will provide employment to the skilled and unskilled labour. 
The manifesto further makes a commitment to reduce the housing deficit in urban centres around the country which is currently standing at 500,000 housing units.
For its part, NSSF will continue to leverage its sound financial position and provide affordable housing for Ugandans. 
To take a virtual tour of Pension Towers construction, please click  http://www.nssfug.org/Gallery  

 

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