Web19 mei 2024 · 1. Extend social security coverage to more Ugandans. 2. Improve the adequacy or value of benefits to our members. 3. Provide mid-term benefits to members during their working life that cover short-term to long-term needs such as unemployment/income replacement, education, medical and housing. We, therefore, … Web4 mrt. 2024 · The National Social Security Fund (NSSF) will pay 50 Billion Shillings every week for the first five months to beneficiaries of the midterm access.
Mid-term access: NSSF to pay savers Shs900b - Uganda
WebPayments will commence on March 17, 2024, and will be made through a channel of the member’s choosing: Verifiable Mobile Money Account – not more than UGX 3 million, as per the National Payments Systems Act, 2024, and the National Payments Systems … That the information provided by the client is true and correct and NSSF shall not … NSSF reserves the right to alter the terms and conditions herein and the client … NSSF (Amendment) Act, 2024. Scroll down . NSSF Amendment Act 2024. The … NSSF Uganda is a provident Fund that covers all employees in the private … Hi-Innovator is an initiative of Uganda’s National Social Security Fund (NSSF) … Get your company’s NSSF staff contributions back on track. Apply Now . … The NSSF Voluntary Membership Plan provides employers and workers not … Plot 1 Pilkington Road, Workers House, 14th Floor, Kampala … Web4 apr. 2024 · Parliament on Wednesday passed the long-awaited NSSF amendment Bill 2024. The Bill, among other things, seeks to allow 20% mid-term access for workers who have saved for over 10 years and have reached the age of 45. It also seeks to streamline the supervision of the sh15 trillion NSSF Fund. jill wagner mercury ad
NSSF makes U-turn over mid-term pay Monitor
Web1 mrt. 2024 · Mid-term access: NSSF to pay savers Shs900b. The Workers’ Fund last year paid members 12.15 percent interest after its income grew by 25 percent to Shs1.8 trillion from the previous financial year, meaning beneficiaries of mid-term access will gain in getting their cash early but lose on interest spin offs. Web7 mrt. 2024 · Since 2012, NSSF has offered a double-digit interest rate to its members, even in the two years when the Covid-19 challenged economy. The Fund paid 10.75% and 12.15% for the financial years 2024/20 and 2024/21 respectively. In January, presented Museveni signed into law the NSSF amendment act 2024 which provided for midterm … jill wagner instagram official