Financial Literacy

The Financial Literacy sensitization initiative empowers members and sections of the public with financial and investment knowledge to enable them make informed financial decisions.

According to an internal survey, 80% of NSSF beneficiaries use their entire savings after only 2 years. Only 20% achieve a semblance of success in managing their savings and live a somewhat comfortable retirement. In addition, because of their nature of employment over their working life, few NSSF beneficiaries have the acumen to succeed in business, which leads to massive business failures by retirees, and loss of their life savings. Worse still, only 5% of retirees in Uganda achieve financial independence after retirement, while about 56% of Ugandans of good financial standing get financial advice from a household member or relative, according to the 2018 Finscope survey.

The Financial Literacy initiative is tailored to provide a platform where professional finance, investment and business solutions can be accessed by NSSF members. We also aim at empowering NSSF to make better finance decisions upon receipt of their NSSF savings

Financial Literacy Program

Financial Intelligence Program

An awareness program that covers the basics of Personal Financial management. The program runs for at least two months and covers topics like savings, debt management, budgeting, entrepreneurship, retirement planning and more. The program is offered online, workplace arrangements, peer cohorts and institutional setups. On successful completion, the participants are awarded a Certificate of Participation.

Financial Literacy Program

Money Talk

This is a one-off event offered to a group or individuals on a personal finance Topic of their choice. The program is by request by the target group and may be as brief as fifteen minutes or a full day. The chosen topic of interest is highlighted and outlined and an appropriate resource that is an authority in the topic is dispatched for the same. Resources are both NSSF staff and independent individuals.

Financial Literacy Program

Yo Benefits

This initiative targets persons who are about to claim their NSSF Benefits that are ages 44 and above. The intent of the initiative is to have members prepare and make good use of their benefits and have a happy retirement life. The initiative is hinged on 3 pillars: