Workers representatives have issued a 40 day ultimatum to Minister of Finance Hon.Matia Kasaija to withdraw the pension sector bill.
The chairperson of NOTU, Mr Wilson Owere says that the bill presented by the minister seeks to deprive NSSF of its status, rendering it a failed state parastatal that would lead to loss of workers savings .
He adds that a sit-down strike and a boycott of Labor Day celebrations is due if their concerns are not heed by 1st May 2017.
This was as officials from the ministry of finance appeared before the committee of Finance to discuss amendments to the pension reform bill.
In an exclusive interview with Mr.Were he expressed disappointment in the minister of finance over defying the president even when he was not satisfied with it.
His views stem from a clause that seeks to repeal the NSSF Act to purportedly liberalize the pension sector, a move that workers say is tainted with injustice owing to the fact that there already some existing pension firms and would thus see the downfall of NSSF.
Citing, former Uganda Commercial Bank, Uganda Railways Corporation, Uganda Airlines all that collapsed with the advent of liberalization in the early 90’s.
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