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The National Social Security Fund (NSSF) is planning to create a special savings package for Ugandans living and working overseas.
The losses were a result of economic volatilities particularly in Kenya, and the East Africans region, as a whole
NSSF management must urgently shore up its new initiatives, voluntary contributions from the informal sector and consider indexing its returns to inflation to capture more savings
According to Uganda's finance minister, the new rate will be credited to the balance outstanding on the members’ accounts as of July 1, 2022.