Don't intimidate NSSF officials

Mar 31, 2011

EDITOR: I was amazed by the article in New Vision of March 18 about National Social Security Fund chiefs being grilled by the parliamentary finance committee. I would like to thank NSSF managing director, Richard Byarugaba, and his team for the work well done so far.

EDITOR: I was amazed by the article in New Vision of March 18 about National Social Security Fund chiefs being grilled by the parliamentary finance committee. I would like to thank NSSF managing director, Richard Byarugaba, and his team for the work well done so far.

The team should not to be intimidated by politicians some of whom have, in the past, been responsible for the problems within the fund. It is important to note that the fund is not a charity organisation.

The previous management went on a branch opening spree in all parts of the country thus increasing operational costs. The new management saw this was not the right way to go.

Why should a pension fund have kiosks in every corner of the country with the current advance in technology? If the new management feels that restructuring is necessary to achieve a decent return for the workers, then let it be.

The problem with our politicians is that sometimes they overshoot their budgets. This is different in the private sector. The other issue at hand was sourcing services of two banks without going through Public Procurement and Disposal of Public Assets Authority (PPDA).

For a pension fund, I would call this business as usual. I would imagine that these professional and competent managers must have evaluated all the banks and decided on the two.

Do you expect PPDA to do a better job than them? Lastly, the issue of handpicking and hiring people. Who would not want to work with people you trust to deliver on your objectives and targets?

Norah Nassuna
Kampala

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