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During the Financial Year (FY), the Fund positioned itself as an invaluable partner to anyone’s path to achieve their life-saving dreams in the short and long term. Our regulators have been part of our business and play a vital role in our success at every stage in our value chain.
During the Financial Year (FY), the Fund positioned itself as an invaluable partner to anyone’s path to achieve their life-saving dreams in the short and long term. Our regulators have been part of our business and play a vital role in our success at every stage in our value chain.
The roles of regulators and governments are inextricably intertwined with the creation of sustained value for an organisation’s stakeholders.
Our engagement with the regulators is underpinned by transparency and aims to achieve different purposes. For instance, our legislators played a critical role in the passing of the NSSF Amendment Bill.
We also work closely with the Ministry of Gender, Labour, and Social Development and with the Ministry of Finance to help deliver services to our members.
Betty Among, Minister of Gender, Labour and Social Development
The roles of regulators and governments are inextricably intertwined with the creation of sustained value for an organisation’s stakeholders.
Our engagement with the regulators is underpinned by transparency and aims to achieve different purposes. For instance, our legislators played a critical role in the passing of the NSSF Amendment Bill.
We also work closely with the Ministry of Gender, Labour, and Social Development and with the Ministry of Finance to help deliver services to our members.
Betty Among, Minister of Gender, Labour and Social Development
Minister of Finance, Matia Kasaija announcing the interest rate at the NSSF Annual Members Meeting
Minister of Finance, Matia Kasaija announcing the interest rate at the NSSF Annual Members Meeting
Officials from Ministry of Gender, Labour and Social Development having a stakeholder meeting with NSSF top management
We committed UGX1 trillion for payment of qualifying midterm benefit customers. The Fund paid out a total of UGX 440.6 billion worth of midterm benefits to over 22,099 eligible members in less than 3 months, following the commencement of the payments in March 2022. Standout The above pay-out surpassed the UGX 400 billion mark, confirming the Fund’s commitment to pay midterm benefits to qualifying members.
Overall, the Ministry of Gender, Labour and Social Development provides supervision on matters relating to social security, while the Ministry of Finance, Planning, and Economic Development supervises on matters of finance and investments relating to the Fund.
Officials from Ministry of Gender, Labour and Social Development having a stakeholder meeting with NSSF top management
We committed UGX1 trillion for payment of qualifying midterm benefit customers. The Fund paid out a total of UGX 440.6 billion worth of midterm benefits to over 22,099 eligible members in less than 3 months, following the commencement of the payments in March 2022. Standout The above pay-out surpassed the UGX 400 billion mark, confirming the Fund’s commitment to pay midterm benefits to qualifying members.
Overall, the Ministry of Gender, Labour and Social Development provides supervision on matters relating to social security, while the Ministry of Finance, Planning, and Economic Development supervises on matters of finance and investments relating to the Fund.