NSSF in Uganda 

The National Social Security Fund (NSSF) in Uganda is a savings scheme authorized by the Ugandan government to provide social security services to employees in the private sector. NSSF has become one of the most sought-after institutions in Eastern Africa. 

Here is what you need to know about NSSF Uganda. 

Registration

Member registration is done online using valid national IDs and passports on the NSSFGo App.

Who Qualifies For NSSF Benefits in Uganda? 

To qualify for NSSF Uganda benefits, you must meet the following requirements:

• Under the new law, you qualify for NSSF benefits if you are at least 45 years old and have contributed to the fund for the last ten years. 
• You are at least 40 years old, have a disability, and have contributed to the fund for the last ten years. 
• You are leaving the country for good. 
• You also qualify for NSSF benefits if you get a job in sectors that exempt you from contributing to NSSF. Such sectors include the police, Ugandan armed forces, and prisons. 

How Can I Check My NSSF Status Online?

There are three ways to check your NSSF Uganda status online. They include:

• ‍NSSF corporate website 

You can check your NSSF status via your phone or computer via the official website. The website has a self-service section where you can get your e-statement, make contributions, check your balance, and leave feedback. 

• ‍NSSFGo app 

You can also check your NSSF status online by downloading the NSSFGo app. This application is convenient and available for Android and iOS users. You can use the app to check your balance, get e-statements, make voluntary contributions, check your employment history, and verify the percentage of your gross salary that you contribute to NSSF. You can use this application to register as a member of the NSSF. 

• ‍NSSF web app 

This option enables you to access all the services offered by the NSSFGo app. You will only need your email address or phone number to access this web app. You can access the NSSF web app through your phone, desktop, or even laptop, provided with a stable internet connection. 

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Can I Withdraw My NSSF Money Before Retirement?

You can withdraw up to 50% of your NSSF money if you are incapacitated to work. You can also access 20% of your NSSF money if at least 45 years old. 

When Can I Access My NSSF Money? 

If you’re not incapacitated or leaving the country permanently, you can only access your NSSF money once you turn 45. 

Can I Withdraw My NSSF Money If I Am Not in Uganda? 

NSSF members can initiate withdrawal outside the country, but the money will be sent to a bank or mobile money account registered in Uganda. 

What Is the NSSF Contribution Rate? 

The Ugandan government mandates that employees and employers contribute 5% and 10% of the former’s gross monthly pay, respectively. 

What Is the NSSF Retirement Age in Uganda? 

The official NSSF retirement age in Uganda is 55 years. However, the age may be cut to 50 if the member has been unemployed for at least a year. 

What Is the Maximum Amount of Money I Can Withdraw Per Day From My NSSF Account? 

The NSSF does not allow members to withdraw their savings in a lump sum but rather bits of 5%, 10%, or 20% in a year. 

Where Is NSSF Money Invested? 

NSSF Uganda invests members’ money in equities of security exchange of East African countries, fixed income investments, government treasury bonds, real estate, and corporate bonds. 

What Happens If I Need to Make a Withdraw Before Retirement? 

To withdraw your NSSF savings before retirement, you must have the following:

• If you’re incapacitated, you need to have medical reports from a recognized health provider indicating the extent of your condition.
• If you’re joining any excepted employment sectors, you must present a certified copy of the appointment letter.
• If you’re moving abroad, you must have a stamped letter from the relevant embassy. 

Once you have these, you must fill out all the necessary paperwork and provide a bank account or mobile money account where the funds will be deposited.