Kadaga wants savers to access NSSF funds before clocking 50

Kadaga commissions City House in Jinja town.

The Speaker of Parliament, Rebecca Kadaga has called for an amendment to the National Social Security Fund (NSSF) Act to allow persons access their savings before the age of 50.

Kadaga said it is inhuman for Ugandans to make savings which they may never live to enjoy.

“The current law says you cannot access your savings until you are 50. What is the essence of saving when I can’t use it when I am sick, only to die and is taken by relatives,” said Kadaga.

The NSSF Act provides that  a member of the Fund shall be entitled to age benefit if he or she attains the age of 50 years and has retired from regular employment; or if he or she attains the age of 55 years.

It also provides that a member of the Fund may be treated as having retired from regular employment when he or she attains the age of 50 years, or if he or she is not in gainful occupation.

The Speaker revealed that she had received complaints from numerous people who lose employment before the age 50 but cannot access their savings for personal needs.

“Mr. Byarugaba, you know how many letters I have written to you from people who are sick but cannot get their savings for treatment simply because they are not yet 50,” Kadaga said addressing the Executive Director of NSSF.

Kadaga made these remarks at the Commissioning of the NSSF City House in Jinja on Thursday, 28 June 2018.

Hon Paul Mwiru (Jinja East) also re-echoed the plight of Ugandans on access to NSSF savings saying, “many Ugandans who have lost jobs have issues with the scheme.  I request for a provision where someone who loses a job is able to access at least 30 percent of their savings as they look for another job”.

Chairman Board of Directors, NSSF, Patrick Kaberenge said the proposed revisions in the NSSF Act will largely benefit clients and requested Kadaga to use her position and expedite the amendment of the NSFF Act and procurement law.

The Speaker said that Parliament is going to focus on legislation in the First sitting of the Third session where that Act when presented for amendment by the Executive would be considered.


  1. I just want to say I’m beginner to blogs and seriously loved you’re blog site. Likely I’m want to bookmark your website . You amazingly have excellent writings. Thanks a lot for revealing your blog site.

  2. Good blog! I really love how it is easy on my eyes and the data are well written. I’m wondering how I might be notified whenever a new post has been made. I have subscribed to your feed which must do the trick! Have a nice day!

  3. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  4. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888

  5. It is appropriate time to make some plans for the future and it is time to be happy. I have read this post and if I could I wish to suggest you few interesting things or advice. Maybe you could write next articles referring to this article. I wish to read more things about it!

  6. Excellent goods from you, man. I’ve understand your stuff previous to and you’re just extremely wonderful. I really like what you’ve acquired here, certainly like what you are saying and the way in which you say it. You make it enjoyable and you still care for to keep it wise. I cant wait to read far more from you. This is really a tremendous site.

  7. Attractive section of content. I just stumbled upon your blog and in accession capital to assert that I get in fact enjoyed account your blog posts. Anyway I will be subscribing to your augment and even I achievement you access consistently quickly.

  8. My wife and i have been very joyful that John managed to finish up his homework with the precious recommendations he made while using the site. It’s not at all simplistic just to choose to be offering tactics that the others have been trying to sell. And we also fully understand we have the writer to be grateful to because of that. Those illustrations you’ve made, the simple site menu, the relationships you can give support to engender – it’s many overwhelming, and it is letting our son in addition to us consider that the subject matter is cool, which is especially important. Many thanks for all the pieces!

  9. Hello There. I found your blog using msn. This is a really well written article. I will make sure to bookmark it and come back to read more of your useful info. Thanks for the post. I will definitely return.


Please enter your comment!
Please enter your name here