Uganda Retirement Benefits Regulatory Authority

The Uganda Retirement Benefits Regulatory Authority (URBRA) is a government-owned, semi-autonomous agency responsible for regulating, licensing, supervising, and controlling the retirement sector in Uganda, the third-largest economy in the East African Community.

The authority is also responsible for issuing guidelines to allow the liberalization of the retirement sector in the country.

The agency is under the Uganda Ministry of Finance and Economic Development but is semi-autonomous, with a governing board and a management team led by an executive director as the chief executive officer.

[5] Before 2012, there were only two major retirement benefits plans in the country: the Public Employees Retirement Plan, for some civil servants, and the National Social Security Fund (Uganda), for privately employed people whose employers had at least five employees on payroll.

[6][4] As of June 2016[update], URBRA, had licensed the following pension funds:[7]