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Report Non-Compliant Employers, NSSF Boss Tells Employees :: Uganda Radionetwork

Report Non-Compliant Employers, NSSF Boss Tells Employees

Ayota told journalists in a presser in Gulu City Monday that employees should use the platform that has been upgraded to report non-remittal of their contribution since it's their money and future.
NSSF Managing Director Patrick Ayota speaking to employers at a meeting in Gulu Town on Monday.

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Patrick Ayota, the Managing Director of the National Social Security Fund (NSSF) has encouraged employees to embrace the newly upgraded NSSF web-based whistleblower platform to report non-compliant employers. 

The online platform launched last week in Kampala is meant to help disgruntled employees anonymously report their employers who aren’t remitting their NSSF contributions. Ayota told journalists in a presser in Gulu City Monday that employees should use the platform that has been upgraded to report non-remittal of their contribution since it's their money and future.

Ayota says once members fill in their complaints, the fund will take up the investigation, and once it finds evidence of non-compliance, the entities will be prosecuted. The 2022 amended NSSF Act mandates employers to remit employees' contributions to the NSSF regardless of the number of workers employed.

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Speaking on the sidelines of a meeting NSSF convened with employers from Acholi, West Nile, and Lango Sub-regions, Ayota noted that the online platform doesn’t reveal the identities of the complainants giving the whistleblowers protection.

Toyota says that the overall compliance rate in the country currently stands at 57 percent adding that in Northern Uganda especially Gulu, there are prospects of increased compliance due to growing activities. According to the fund’s statistics, although there are about 32,000 registered employers in the country, only about 20,000 are actively remitting contributions of employees to NSSF.

Ayota encouraged members of the public to save for their future and particularly tipped those who are self-employed to take up voluntary savings with the fund. “We must save because we are living longer and if we don’t, no one will take care of you. It doesn’t matter how much you earn now. You can save little and let it grow,” he said.

He however revealed that the fund is saving challenges with members who fake death in a bid to have their beneficiaries access their savings for their personal use. According to Ayota, such fake claims consume time since it entails investigation to ascertain the truth of the claims which are obviously untrue, and encouraged members to desist from it.

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Geoffrey Waswa Sejjabi, the NSSF Chief Commercial Officer says there is a need by the public especially those still working and saving with the fund to choose wisely on how they will spend their money once they retire from active employment. “Don’t withdraw money when you don’t have a solid plan. the mistake we make is that sometimes we withdraw money because we want to use it but have no plan on how to use the money,” he says.

He also tipped members to wisely plan for their retirement while still young and working by saving arguing that after retirement, windows of opportunities close with age. Apollo Mbowa, the NSSF Manager of Financial Literacy however encouraged savers to act now on their financial discipline in order to achieve success in the future as they retire from active employment.

“When you act, things will change. When things don’t change, it's because you didn’t act,” he said. According to the NSSF performance report, over 75.5bn Shillings have so far been paid to 6,489 eligible members (6 percent of total members) in the Northern region in the last financial year 2022/23. 

NSSF saw a 15 percent increase in revenue from 1.9 trillion Shillings to 2.2 trillion Shillings for the Financial Year 2022/23 while assets under management increased from 17.26 trillion shillings in the Financial Year 2021/22 to 18.56 trillion Shillings in the Financial Year 2022/23. 

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