National Social Security Fund (Uganda)

The National Social Security Fund (NSSF) (also NSSF Uganda), is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme.

[3] In late 2010, NSSF underwent a restructuring process aimed at making it more efficient, competitive, and responsive to the needs of its members.

It was then poised to provide a wide range of social security products and be the lead institution for domestic capital formation and deepening the financial sector.

[9]: 15  In October 2017, The Independent, a Ugandan English language newspaper, estimated the NSSF total assets at USh7.9 trillion (approximately US$2.48 billion at that time), as of 30 June 2017.

[2] Beginning in the early 2000s, NSSFU has been developing an office complex known as Pension Towers, along Lumumba Avenue, on Nakasero Hill, one of the most prestigious neighborhoods in Kampala, Uganda's capital city.

[16] Jinja City House is owned by the Uganda National Social Security Fund (NSSF), who developed the building, between 2015 and 2018.

The building houses the NSSF offices in Jinja and the remaining space is rented out to qualified businesses and corporations.

[18] Ugandan Minister of Finance Matia Kasaija appointed a new board of directors in September 2023, composed of the following members:[19] The management of the NSSF consisted of the following individuals as of September 2023:[19] As of June 2019, NSSF had a branch network of 19 branches in the central, eastern, northern, and western parts of Uganda, with six in Kampala, the capital.