NSSF declares a 10.75% interest rate for FY2019/20; Fund to pay out UGX1.14 trillion to members
The National Social Security Fund (NSSF) has today declared an interest rate of 10.75% for the financial year 2019/20. This was announced by the Minister of Finance, Planning and Economic Development, Matia Kasaija, during the Fund’s 8th Annual Members Meeting at Kampala Serena Hotel.
The rate declared, translates into a total of UGX1.14trillion that will be credited to the Fund’s more than