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Thursday,August 22,2019 17:12 PM

NSSF Amendment Bill, 2019

By Admin

Added 14th August 2019 11:34 AM

Digest the full amendments to the law governing the National Social Security Fund (NSSF).

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Digest the full amendments to the law governing the National Social Security Fund (NSSF).

BENEFITS

KAMPALA - Government has tabled to Parliament amendments to the law governing the National Social Security Fund (NSSF), seeking, among others, to compel all workers in the formal sector to make contributions to the fund.

The National Social Security Fund (Amendment) Bill, 2019 also seeks to exempt the workers' contributions to NSSF from taxation, but instead tax the members' retirement benefits. The Bill was table Tuesday by state minister for youth affairs Florence Nakiwala Kiyingi. The Bill's provisions were approved early this year by Cabinet.

Below is the Bill in full:

 

 

 

 

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