The Workers MP Sam Lyomoki has said there are plans to sabotage
the National Social Security (NSSF) amendment Bill 2019 that seeks to allow for
midterm access to members savings.
The bill among other things proposes for midterm access for savers of 45 years
and above or persons who have saved for at least 10 years among others. The advocates
of the bill proposed a 20% access of each member’s savings which would total to
up to 700 billion shillings.
Government’s initial proposal for the bill was to introduce new savings which
would allow for voluntary savings and midterm access, taxing of benefits and
issues related to the membership of the bill.
Lyomoki now says that there is a deliberate delay which is offending
Parliamentary rules of procedure like the 45 days within which the committee
can process a bill before it comes back to the house for debate and then
The joint committee of the Ministry of Gender and Finance approved the
midterm access and is subject to debate in the house.
Lyomoki who was addressed a press conference on Tuesday claims that the Finance
Minister Matia Kasaija, Officials from the NSSF and the Uganda Retirements
Benefits Regulatory Authority (URBRA) are frustrating the process and want to
defeat the bill.
He says that contrary to discussions which were supposed to take place on where
the NSSF management would fall in either Finance or Gender, the meeting with
the President including these officials and the committee instead discussed
midterm access which was already approved by the committee.
The team that met the President agreed to continue discussing and researching
midterm access. MPs from the joint committee of Gender and Finance met with the
President last week where they disagreed on the access of the 20%.
Lyomoki whose attempt to attend a meeting last week with the
committee as they met with the President at State House was foiled by his
failure to get his test results. He says that his next move will be a protest
in Parliament if the report is not discussed soon.
He says there are plans to have the bill defeated in Parliament
and the entire midterm access debate stopped and he is planning a protest by
camping in the chambers until the bill is discussed.
//Cue in: “My demonstration here…
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Lyomoki says that the President should not have pronounced himself
on the bill which is still being discussed before Parliament.
//Cue in: “What he needs…
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However, Finance Minister Matia Kasaija denied the allegations. He says they are instead telling the president
the truth that the funds are not supposed to be accessed during an emergency or
for the short term, but a retirement benefit which should help a saver when they
are aged and out of work.
//Cue in: “The purpose for…
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He, however, hinted that there is a proposal to have those who for
midterm to save another percentage voluntarily that they can access.
//Cue in: “That those who…
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The NSSF Managing Director Richard Byarugaba said that he does not in any way
influence proceedings in Parliament. He says that as NSSF they only gave their
views based on technical expertise and should be left out of politics.
“I do not work in
Parliament and you cannot accuse me of trying to influence what is happening
there. Iam, not an MP, they should be the ones looking at this issue”. He said
on the phone.