NSSF seeks to recover Ushs 160B from defaulters in Amnesty Window

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NSSF Managing Director Richard Byarugaba By Our Reporter The National Social Security Fund (NSSF) is seeking to recover over Ushs 160 billion following announcement of a grace period of 3 months for all employers that have not remitted employees’ social security contributions to agree a payment plan. In exchange, the Fund will waive up to 95% of the penalty amount owed, NSSF Managing Director Richard Byarugaba has said. 10,839 out of more than 33,270 employers registered with the Fund have not paid NSSF contributions in a period ranging from 2 months up to 7 years thereby denying their employe...