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The National Social Security Fund (NSSF) (also NSSF Uganda), is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees ...
The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [2]
A majority of NSSF's revenue comes from employee and employer contributions. The program is a compulsory scheme and is financed with a contribution of 20 percent of employees' salaries, with half of that paid by employers and the other half paid by employees. The key trends for NSSF for 2007-2011 are shown below (as at year ending 30 June):
The fund's assets under management expanded by 13% a year from 2010 to 2020. [3]: 204 As of 2023, the National Social Security Fund had approximately $415 billion of assets under management. [4] It is the largest pension fund in China. [3]: 202
An NSSF manager responsible for "procurement and disposal" was fired. [12] In the meantime, the IGG has recommended that the whole tendering process be repeated and outsourced. The jostling for the way forward continues between NSSF, the IGG, and the government's Public Procurement Disposal of Public Assets Authority.
MediaFire is a file hosting, file synchronization, and cloud storage service based in Shenandoah, Texas, United States. Founded in June 2006 by Derek Labian and Tom Langridge, the company provides client software for Microsoft Windows , macOS , Linux , Android , iOS , BlackBerry 10 , and web browsers . [ 1 ]
NSSF Mbarara Complex, also Mbarara City House, is a building in Mbarara, a city in the Western Region of Uganda. [ 1 ] The building is owned by the Uganda National Social Security Fund , the largest pension fund in the countries of the East African Community , with assets of nearly USh10 trillion (approx. US$2.6 billion), as of June 2018.
Download QR code; Print/export Download as PDF; Printable version; In other projects Wikidata item; ... NSSF may refer to: National Shooting Sports Foundation ...