Matooke Republic
Monday, August 18, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

NSSF recovers over Shs1.8b employee contributions

Matooke Republic by Matooke Republic
February 10, 2017
in Business, Featured Stories, Money
Reading Time: 2 mins read
Share on FacebookShare on Twitter

The ongoing whistleblower campaign by the National Social Security Fund (NSSF) has recovered over Shs1.8 billion through information provided by over 140 whistleblowers, figures from the Fund show.

Last month, the NSSF unveiled a new web-based whistleblower platform for aggrieved employees to report employers who fail to remit their contributions to the Fund, as required by the law.

NSSF Head of Marketing and Communications Barbra Arimi.

 “Up to 90% of the cases received were through the NSSF Whistleblower platform, hence proving that it is one of the Fund’s most effective tools to increase compliance levels and recover billions of employees’ contributions meant for their retirement,” said Ms Barbra Teddy Arimi, the NSSF Head of Marketing and Communications. 

RELATED POSTS

Equity Bank expands Tupange Business Forum to boost SME growth nationwide

I&M Bank Uganda scoops Mastercard award for Fastest Growing Debit Portfolio in Uganda

According to Ms Arimi, more than 25,000 employers are meant to pay NSSF contributions. However, 12,000 of these are not complying and of the 13,000 who are complying, only 8,900 are consistently remitting NSSF contributions for their employees.

“These figures show that a significant number of workers are being cheated out of their benefits by their employers,” she said.

A total of 149 cases received over the last 4 months, January recorded the most cases at 55, followed by October (27).



She added that this is a continuous campaign, urging employees to continue being vigilant and speak out to ensure that their employers remit their savings to the Fund.

“We have taken all the necessary steps to ensure that the identity of whoever reports cases of non-compliance is not revealed to the public, in line with the Whistleblower’s Act,” she said, on the safety of those that report.

According to the NSSF Act 1985 Section 11 (1), all employers with five or more employees are required to remit monthly contributions for their employees within 15 days, following the last day of the month for which the relevant wages are paid.

The employers deduct 5 per cent of their workers salary and top it up with a 10 per cent contribution and remit the 15 per cent to the Fund for every employee.

Last financial year, the Fund’s contributions increased by 14% from Shs785 billion in 2014/15 to Shs816 billion in 2015/16.

The Fund projects that contributions will reach the Shs900 billion mark this financial year ending June if the compliance levels are improved, among other things.



Related

Tags: Barbra ArimiNSSF
ShareTweetSend
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

David Ogong, the new  NSSF Board chair.

Who is David Ogong, the new NSSF Board chair

by William Kasoba
11 months ago

...

Museveni pardons former NSSF MD Jamwa, who has been serving a 12-year jail term

by Matooke Republic
2 years ago

...

All set for the Uganda Marketing Excellence Awards at the Kampala Serena Hotel this Friday

by Matooke Republic
2 years ago

...

Patrick Ayota, the new NSSF Managing Director.

Who is Patrick Ayota, the new NSSF Managing Director

by William Kasoba
2 years ago

...

MPs insist minister Amongi must resign

by Matooke Republic
2 years ago

...

Next Post

Hollywood actor Forest Whitaker of Last King of Scotland Idi Amin movie dances "Pakachini" in Gulu with singer Jackie Akello

Nigerian preacher 93, dies, leaves 130 wives, 203 children and several wives pregnant

RECOMMENDED

PHOTOS: Hoima Stadium construction reaches advanced stage; project set for handover ahead of initial deadline

August 18, 2025

Police arrest 12 for selling fake CHAN tickets

August 18, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • How to buy tickets for CHAN 2024 matches in Uganda

    367 shares
    Share 147 Tweet 92
  • Here is how to use NIRA’s new online portal to register or renew your national ID

    4157 shares
    Share 1663 Tweet 1039
  • Muhoozi’s son Ruhamya joins the army as a Private

    134 shares
    Share 54 Tweet 34
  • Police release audio of prime suspect in murder of Entebbe elderly couple, offer Shs50 million reward for information leading to arrest of attacker

    118 shares
    Share 47 Tweet 30
  • Gen. Katumba Wamala’s son weds Gen. Hudson Mukasa’s daughter

    88 shares
    Share 35 Tweet 22
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.