Expanding the coverage of the NSSF to include all workers in the formal and informal sectors, regardless of the number of employees or the nature of employment.
Increasing the contribution rate from 15% to 20% of the employee's gross monthly wage, with 10% paid by the employer and 10% by the employee.
Allowing members to access up to 20% of their savings as a midterm benefit after 10 years of continuous contribution or at the age of 45 years, whichever comes later.
Introducing a voluntary scheme for self-employed persons and workers in the informal sector, who can contribute a minimum of 5% of their monthly income to the NSSF.
Establishing an independent tribunal to handle disputes and complaints arising from the administration of the NSSF.
The NSSF Act Uganda.pdf can be downloaded from the official website of the NSSF or from other online sources . The document is in PDF format and has 64 pages. It contains the following sections:
Interpretation: This section defines the key terms and concepts used in the NSSF Act, such as employee, employer, contribution, benefit, board, fund, etc.
Establishment and management of the fund: This section establishes the NSSF as a statutory body and provides for its governance structure, functions, and duties. It also specifies the composition, appointment, and powers of the board of directors, which is the supreme policy-making organ of the NSSF.
Eligibility, membership and registration: This section determines who is eligible to join the NSSF, how to register as a member or an employer, and how to cancel or terminate membership. It also provides for voluntary membership for persons who are not mandatorily covered by the NSSF.
Contributions: This section stipulates how much and how often contributions are to be paid by employers and employees to the NSSF. It also provides for penalties for late or non-payment of contributions, exemptions from contributions, supplementary payments, and special provisions for certain categories of workers.
Benefits: This section describes the types and amounts of benefits that are payable to members or their dependents under different circumstances, such as age, withdrawal, invalidity, emigration, or death. It also provides for regulations regarding benefits, determination of claims and questions, correction of erroneous decisions, and appeals.
Finance: This section deals with the financial resources and management of the NSSF. It provides for annual and supplementary budgets, investment of funds, borrowing powers, accounts and audit, annual report, member's account, interest on accounts, reserve account, and exemptions from stamp duty and income tax.
Administration: This section provides for the administrative structure and staff of the NSSF. It specifies the roles and responsibilities of the managing director, deputy managing director, secretary to the fund, and other staff. It also empowers inspectors to enforce compliance with the NSSF Act and regulations.
Legal proceedings: This section prescribes offences and penalties for violating or obstructing the implementation of the NSSF Act or regulations. It also provides for legal proceedings against defaulters or offenders, jurisdiction of magistrates courts, recovery of sums due to the fund, and evidence.
Miscellaneous: This section covers other matters related to the NSSF Act or regulations. It provides for existing schemes that are exempted from joining the NSSF, reciprocal agreements with other countries on social security matters, regulations by the Minister responsible for social security affairs, forms to be used under the NSSF Act or regulations, and schedules that contain additional information or details.
The NSSF Act Uganda.pdf is an important document that regulates one of the largest and most influential social security institutions in Uganda. It affects the welfare and rights of millions of workers and their families in Uganda. It is therefore advisable for anyone who is interested or involved in social security issues in Uganda to read and understand the NSSF Act Uganda.pdf.
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