NSSF is probing the defaulting school in Luwero
EDITOR—NSSF management has read a letter from a teacher in Luwero published on April 22. The concerned teacher is inquiring about the way forward for an employer that is not remitting employees’ contributions to NSSF.
EDITOR—NSSF management has read a letter from a teacher in Luwero published on April 22. The concerned teacher is inquiring about the way forward for an employer that is not remitting employees’ contributions to NSSF.
NSSF would like to respond as follows: lNSSF has commenced investigations to find out the school in question. Our Kawempe office, under which Luwero area falls, has been instructed to investigate with a view of recovering these arrears.
Every employer with more than five employees is required by law to deduct 5% of the employee’s gross salary and add 10%. This 15% contribution is supposed to be remitted to NSSF by the 15th day of the following month. This is an employer’s obligation. However, NSSF has put in place mechanisms to ensure all eligible employers comply by remitting NSSF contributions for their employees.
NSSF regularly carries out compliance audits as a legal requirement to ensure that contributions are deducted and remitted to the Fund. We have as a result been able to recover arrears to the tune of sh49.2b for the last financial year.
This money has been credited to individual members’ accounts. NSSF would therefore request that any employee who has information relating to any defaulting employer to bring it to the Fund’s attention at any of our offices across the country. The Fund has always ensured that such information from members is received in confidence.
Victor Karamagi
Public Relations Manager
National Social Security Fund
NSSF would like to respond as follows: lNSSF has commenced investigations to find out the school in question. Our Kawempe office, under which Luwero area falls, has been instructed to investigate with a view of recovering these arrears.
Every employer with more than five employees is required by law to deduct 5% of the employee’s gross salary and add 10%. This 15% contribution is supposed to be remitted to NSSF by the 15th day of the following month. This is an employer’s obligation. However, NSSF has put in place mechanisms to ensure all eligible employers comply by remitting NSSF contributions for their employees.
NSSF regularly carries out compliance audits as a legal requirement to ensure that contributions are deducted and remitted to the Fund. We have as a result been able to recover arrears to the tune of sh49.2b for the last financial year.
This money has been credited to individual members’ accounts. NSSF would therefore request that any employee who has information relating to any defaulting employer to bring it to the Fund’s attention at any of our offices across the country. The Fund has always ensured that such information from members is received in confidence.
Victor Karamagi
Public Relations Manager
National Social Security Fund