NSSF targets Shs900 billion member contribution

By Waswa Deo

The National social security fund is targeting shs900b member contributions by June 2017 from what the fund recorded last year of shillings 785 billion.

According to Fund managing director, Mr Richard Byarugaba, the Fund projects a 15% growth in member contributions this financial year 2016/2017 from what it registered last financial year.

Byarugaba made the remarks at 4th NSSF Annual Members Meeting 2016 at the Kampala Serena Hotel under the theme ‘’ transparency and accountability for members”.

At the same event, 27 Employers were recognized for paying their employees’ salaries on time.

DFCU Bank scooped the overall award followed by Price Water House Coopers, Electricity Regulatory Authority in third, Jubilee Insurance Company of Uganda and Kampala Motors Limited – in that order.

The Members Meeting attracted over 600 people, including NSSF contributors, employers, workers unions’ representatives, government representatives and members of the public.

Photo: Daily Monitor