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On 1 August 2000, the Central Committee of CPC and the State Council decided to establish National Social Security Fund (NSSF), and set up the National Council for Social Security Fund (SSF) for managing and operating the NSSF's assets.
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):
This page was last edited on 11 October 2019, at 12:35 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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.
SMFB is a Microfinance Bank that focuses on the micro-finance sector, serving micro, small and medium-sized enterprises.Access Microfinance Bank Tanzania was a member of the AccessBank Group, which is composed of microfinance institutions in Sub-Saharan Africa, Central Asia, and South America, who are majority owned by the AccessHolding conglomerate. [7].
Geraldine Ssali Busuulwa is a Ugandan accountant and business administrator.She served as the Permanent Secretary in the Uganda Ministry of Trade, Industry and Cooperatives after getting appointed on the 15th of July 2021.