NSSF Awards Top Compliant Businesses in Regional Employer Outreach
Monday, May 12 2025 10:44 am
By Christine Kasemiire, Public Relations Officer Follow on LinkedIn
In March, the National Social Security Fund (NSSF), in a concerted effort to enhance compliance and deepen retirement planning awareness, conducted a nationwide employer engagement tour reaching over 1,500 employers across three regions: Fort Portal (Western Region), Mbale (Eastern Region), and Arua (West Nile Region).
The Regional CEO Employer Meetings are part of NSSF’s deliberate efforts to build strong relationships with employers, ensure transparency, and promote a savings culture among Ugandans.
Eastern Region Contributions on the rise
NSSF Managing Director Patrick M. Ayota commended the Eastern Region for its contribution to growth, rising by 35.8% from UGX 145.2 billion in FY 2022/23 to UGX 197.2 billion in FY 2023/24. The number of active contributing employers also jumped from 4,441 to 5,696 in the same period.
Ayota attributed this sustained growth to increased stakeholder engagement and better understanding among employees about the role of social security in long-term financial planning.
A Call for Voluntary Saving and Compliance
Echoing the call for proactive planning, NSSF Chief Commercial Officer Geoffrey Sajjabi across the region reminded employers that non-compliance with the NSSF Act is a criminal offence.
He also encouraged employees to top up their savings through voluntary contributions.
“If your employer saves 10% for you, why not match it with your own 10%?” Sajjabi said.
“NSSF savings alone may not be enough. Retirement can be long, and poverty in old age is hard to manage.”
This message resonated with many attendees, as large crowds showed keen interest in SmartLife Flexi, NSSF’s voluntary savings product, with numerous inquiries made about registration and contributions.
Recognising Top Compliant Companies
In a show of appreciation, NSSF awarded the top 30 most compliant companies from each region, celebrating their dedication to transparency and timely contributions.
