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The Ministry of Labour has written to president Museveni concerning the National Social Security Fund also called the NSSF Bill. The Ministry seeks, among other things, to grant members mid-term access to their savings
According to Frank Mugabi, the Ministry’s spokesperson, the ministry wrote to the president about the changes that they agreed upon in the previous meeting.
On Tuesday, he said the ministry is also waiting for the president to communicate the agreed amendments to parliament.
‘’As the ministry of gender, we have done our part. After the team met the president, we made the necessary changes, as had been agreed upon by the stakeholders. We submitted the contents back to the Office of the President who is supposed to write a cover letter and send it back to parliament,’’ Mugabi said.
Stakeholders who include the workers’ representative, NSSF, the gender and finance ministries, met with the president last month. They resolved on changing some of the clauses on the bill.
They agreed that they should allow workers mid-term access of 20% of their savings. This however has a condition where the worker has to be at least 45 years old and they have saved for at least 10 years with the fund.
The president and the stakeholders agreed to drop the earlier clause in the bill. This means NSSF savers below the age of 45 years are not eligible to access their mid-term savings.
After the meeting, the president immediately ordered the Attorney General Kiwanuka to work on the agreed changes. This would enable the returning of the NSSF Bill to parliament.
Check Also;
- NSSF Closes 6 Branches After Losing 100,000 Savers
- Matia Kasaija Appoints New NSSF Board Members
- Informal Sector: Government Planning Pension Scheme For Self-employed
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
