CAN I INCREASE HOW MUCH I SAVE WITH NSSF?

Mateyo received an MTN alert saying his monthly NSSF contribution had been paid to National Social Security Fund (NSSF).He excitedly showed his wife Swiriri so that she would know that he was ‘securing their future’. After some thought, Swiriri (who is a self-employed tailor) asked Mateyo if it was possible for her to also save or if Mateyo’s boss can send in more money on their behalf to NSSF?

CAN SWIRIRI ALSO SAVE?

Yes. Although the law requires certain people to make NSSF contributions, it also allows those people who are self-employed (and do not meet the NSSF requirements) to apply to NSSF and be allowed to make contributions. Therefore, Swiriri can apply to become a member of NSSF so that she can start saving her money with NSSF. This can be done either online or physically at any of the NSSF branches by providing copies of her passport photos and national Identification card. Once she has been registered, she will be given a Membership number and card and she can start to save with NSSF.

CAN MATEYO REQUEST HIS BOSS TO PAY MORE TO NSSF FROM HIS SALARY?

The required minimum standard contribution to NSSF is 15 %. An employee is required to contribute only 5% from his monthly salary and his boss 10% making it a total of 15%. However, if Mateyo believes that he is able to contribute more than 5% of his salary, then he can request his boss in writing and indicate the amount he wants saved.

Do you have any questions on NSSF that you would need our help with? Feel free to reach out to us.

📷: Freepik

Comments

UGANDA ELECTORAL COMMISSION TO ELIMINATE NATIONAL IDENTIFICATION CARDS (IDs) FOR 2021 GENERAL ELECTIONS.

The elimination of using National IDs (Ndagamuntu) for the 2021 elections should not have come as a surprise. One would be very NAIVE to think that Bobi Wine has not prepared for this in his Business Plan under the RISK section. It is public knowledge that our EC is not independent. It is also public knowledge that Military Dictator Yoweri Museveni will never lose an election. What stunned us this morning is when we noticed that on social media, people were mocking Bobi with his "get your Ndagamuntu". We are on record for saying to all Our readers that the National ID is like Apartheid in South Africa. Students of History would know how those IDs were being used to arrest people, deny them jobs, deny them basic services. Consequently, Bobi was not wrong and will never be wrong on the Ndagamuntu. Except the ones attacking him and mocking him forget that in Uganda, now, no National ID (Ndagamuntu), no service. If you have not been denied registering your child i...

President Museveni Praises Soldiers for Torturing Bobi Wine in Arua on August 2018.

President Museveni at the passout of police officers in Masindi Friday https://www.facebook.com/1829407613953796 President Museveni has praised his Special Forces Command [SFC] guards for properly and legally beating National Unity Platform [NUP] presidential flagbearer, Robert Kyagulanyi aka Bobi Wine. “The other day, there was a fracas in West Nile where our young friend Bobi Wine was fighting security people,” Museveni said Friday while passing out police recruits at Kabalye Training School in Masindi district. “I think they beat him a bit and then they came and said a Member of Parliament has been beaten. I said let me study and see how he was beaten. I found the man had been beaten in the right way,” Museveni explained. “This was because…I think this was SFC people who are not police-minded. They are used to doing other things. But somehow they managed to act properly, I was surprised.” When they [SFC] went where this young man was in the room, he had ca...

Here is Why Our Utterances For Praying Jesus And God To Come Liberate Ugandans, May Be Misplaced. This Phrase is like inform of a Letter To Some Categorized Section Of Ugandans.

https://m.facebook.com/yusufosuta/photos/a.1896701010557789/2070383359856219/?type=3 OPEN LETTER TO NRM SUPPORTERS - NATIONAL ROBBERS MOVEMENT. .................................................................................. Last week of March, a friend told me to pray for Uganda. I told him that he was an Idiot and we have prayed for too long and we are still hungry and sick and Jesus is not coming soon to liberate us. He then ignored the STUPID and sent me a picture we all now know. It got me totally messed up. This guy was telling me to pray then sends a picture of men bowing down in blood. He might have meant guns but I blocked him because his utterances of praying for Uganda were misplaced. I unblocked him 3 weeks later and asked him about praying and assassinations. His reply "eithrr prayers or guns or both". I hate violence with a passion. So he is now blocked in like FOREVER. Do you feel safe? Do not feel safe. Uganda regim...

Osuta Yusuf

Search This Blog