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NSSF cuts rate for 2016/17 to 11.23%
Members of the National Social Security Fund will receive a lower interest on their contributions for 2016/17 compared to the previous year
September 28, 2017
Economy
NSSF to pay 12.3% interest on member contributions
The National Social Security Fund (NSSF) announced on Friday that it will pay an interest of 12.3% on member’s contributions for the 2015/16 financial year - lower than last year's rate of 13%. In total, the fund will pay Shs606 billion to its members.
September 30, 2016