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2.2 Withholding of social security

Commentary

2.2.1 Assessable earnings for NSSF | Uganda

Uganda

The NSSF is a provident fund that covers employees in the private sector including 'Non-Government Organisations' that are not covered by the government's pension scheme. The fund is a contributory scheme, funded by contributions from employees and employers of 5% and 10% respectively, calculated in reference to an employee's gross monthly earnings. (NSSF).

NSSF benefits

Membership of the NSSF fund, provides individuals with access to a number of desirable benefits, including:

  1. Ìý

    •ÌýÌýÌýÌý Age benefit

  2. Ìý

    Paid to members who have reached the retirement age of 55. Age benefit can also be claimed on attaining the age of 50, provided the claimant has retired from employment.

  3. Ìý

    •ÌýÌýÌýÌý Survivors benefit

  4. Ìý

    Paid to the immediate surviving family (spouse and children) of the deceased member. In case the member did not have a spouse or children, the benefit is paid to parents if they solely depended upon the deceased member.

  5. Ìý

    •ÌýÌýÌýÌý Exempted employment

  6. Ìý

    For members who join excepted employment

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Web page updated on 28 Aug 2024 12:20