NationalNews

Minister for Elderly Urges Workers to Save with NSSF for Bright Future

By Weswa Ronnie

 

MBALE CITY

 

The Minister for the Elderly in the Ministry of Gender, Labor and Social Development has urged workers from both formal and informal sectors to save their money with National Social Security Fund (NSSF) for a bright future.

 

Dominic Mafabi Gidudu made the rallying call on Thursday, 17th August 2023 at Court View Hotel located at Mbale city while speaking to hundreds of stakeholders and district leaders from different districts of Bugisu region.

 

This was a one day orientation workshop organized by the Ministry of Gender, Labor and Social Development in partnership with NSSF.

 

According to the Minister, saving salary at NSSF is the only way of preparing for the future in case one has grown.

 

He adds that government is planning to investigate all companies to get those ones which are not saving 15% of their employees’ salary with NSSF.

 

Milton Owor, NSSF Chief People & Culture who represented the NSSF Managing Director at the training said that 83% of NSSF members have balances of less than Shs10M.

 

He urged government to close all companies which are not remitting 15% NSSF money of their workers to their accounts.

 

Jackson Wakwaika, the LC5 chairperson of Namisindwa district says that government has underfunded district labor offices which has hindered them in the fight of vices where some employers tend to mistreat their workers.

 

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