NSSF 20% COVID payout may lead to poor performance and run on Fund, warns M.D Byarugaba

Early last month many commentators and politicians came up to advocate for a 20 per cent COVID-19 payout by the National Social Security Fund (NSSF) to each member as a way to help people manage the COVID-19 pandemic crisis. In response to the calls, the NSSF’s Managing Director Richard Byarugaba has penned to the Minister of Finance, Planning and Economic…

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coronavirus: NSSF rules out payments to members

coronavirus: NSSF rules out payments to members. National Social Security Fund hosts said it can’t be a get-together to any halfway instalments to individuals to manage the current monetary imperatives brought about by the coronavirus pandemic. Therefore, various individuals, including restriction strongman and previous Forum for Democratic Change president, Dr.Kizza Besigye have consistently asked NSSF. To permit individuals access to…

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NSSF dispatches countrywide drive to gather 10,000 units of blood

NSSF dispatches countrywide drive to gather 10,000 units of blood. National Social Security Fund has propelled a gift drive in which they try to gather more than 10,000 units of blood countrywide. Talking during the dispatch, NSSF Managing Director Richard Byarugaba said on the grounds that the quantity of individuals who need blood is continually developing, there is a need…

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NSSF friends with benefits season 3 winner crowned

Aliira Simon has been crowned the winner for the NSSF friends with benefits season 3 2019. In 2013, subsequent to accepting his NSSF retirement investment funds of UGX 85 Million, Aliira Simon who worked for Kinyara Sugar Works Limited from 1993 to 2012 resigned into sugarcane estate cultivating in Kinyara, Masindi locale. Today, Simon who contributed his retirement reserve funds…

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