Home » Breaking News, Business » NSSF to Meet Pension Scheme Savers

By Ahura Mujuni Mark

National Social Security Fund (NSSF) says it will be meeting its Pension Scheme savers in a fortnight .

David Nambale, NSSF’s Corporation Secretary  says management will  be bring thousands of its savers to speed with among others progress
on the stalled $110m stalled Pension Towers, $250m Lubowa and Temangalo with a present market value of 20 Billion shillings.

The Corporation will also seek consultation on other issues concerning their savings.

NSSF  is  a National Saving Scheme mandated by Government through the National Social Security Fund Act, Cap 222 (Laws of Uganda) to provide social security services to employees in Uganda.It was established by an Act of Parliament (1985) to provide for its membership, payment of contributions to, and payment of benefits out of the Fund.

NSSF Building

It covers all employees in the private sector including Non Governmental Organizations, that are not covered by the Government’s pension scheme. It is a scheme instituted for the protection of employees against the uncertainties of social and economic life.