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The Big Story

NSSF announces 12 .15% Interest Rate for FY 2020/21

by CEO ReporterSeptember 29, 2021September 29, 2021
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NSSF’s sheer size and scale coupled with good governance and guarantees by the state has seen the fund deliver consistent returns and security to members, which makes it a suitable saving alternative for savers above 50 years, especially those without experience in investing elsewhere.
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The National Social Security Fund (NSSF) has today declared an interest rate of 12.15% for the financial year 2020/2021. This was announced by the Minister of Finance, Planning and Economic Development, Matia Kasaija, during the Fund’s 9th Annual Members Meeting held at Kampala Serena Hotel. The rate declared translates into a total of UGX1.52 trillion that will be credited to the members’

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Tagged: Dr Peter Kimbowa Matia Kasaija National Social Security Fund NSSF Interest Rate Richard Byarugaba

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