Our Mandate
The National Social Security Fund (NSSF Uganda) is a National Saving Scheme mandated by Government through the National Social Security Fund Act, Cap 222 (Laws of Uganda) to provide social security services to employees in Uganda. NSSF Uganda is a provident Fund that covers all employees in the private sector including Non-Government Organizations’ that are not covered by the government’s pension scheme.
The Fund is a contributory scheme and is funded by contributions from employees and employers of 5% and 10% respectively of the employee’s gross monthly wage. Since 2012, the Fund is regulated by the Uganda Retirement Benefits Regulatory Authority while Minister of Finance, Planning and Economic Development is responsible for policy oversight. The Fund manages assets worth over UGX 13.7 trillion invested in Fixed Income, Equities and Real Estate assets within the East Africa region.
The NSSF Vision
To be the Social Security Provider of choice
The NSSF Mission
To be a relevant partner to our members through continuous innovation in the provision of social security.
Our Risk Appetite Statement
The Fund exercises prudence in pursuit of opportunities and does not accept any risks that can significantly erode member value and/or damage its reputation.