National Social Security Fund (Uganda)

National Social Security Fund Uganda
Native name
NSSF Uganda
Company typeQuasi-government
IndustrySocial Security
Founded1985; 39 years ago (1985)
Headquarters14th Floor Workers House
1 Pilkington Road
Kampala, Uganda
Key people
Dr. David Ogong
Chairman
Patrick Ayota
Managing Director
Gerald Kasaato
Deputy Managing Director.[1]
ProductsInvestments
RevenueIncrease Pretax:Sh2.2 trillion (US$589.85 million) (June 2023)[2]
Total assetsUGX:18.58 trillion (US$4.981 billion) (June 2023)[2]
WebsiteHomepage

The National Social Security Fund (NSSF) (also NSSF Uganda), is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with total assets of USh18.58 trillion (approx. US$4.981 billion), as of June 2023.[2]

  1. ^ Muhamadi Byemboijana (21 June 2024). "Gerald Paul Kasaato Appointed NSSF Deputy Managing Director". SoftPower Uganda. Kampala, Uganda. Retrieved 21 June 2024.
  2. ^ a b c Martin Luther Oketch (21 September 2023). "NSSF investment income crosses Shs2 trillion mark". Daily Monitor. Kampala, Uganda. Retrieved 22 September 2023.