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NSSF Pays: Q2 October - December 2012 Report

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NSSF Uganda
NSSF Uganda

The National Social Security Fund (NSSF) paid out a total of 32 billion Ugandan shillings to 2,636 beneficiaries in the quarter of October to December 2012. The majority (39%) received age benefits, followed by withdrawal benefits (29%) and exempted employment benefits (9%). On average, NSSF took 21 days to process benefits claims, with the time decreasing slightly from 22 days in October to 20 days in December.

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NSSF PAYS CAMPAIGN QUARTERLY REPORT OCTOBER 2012 – DECEMBER 2012
NSSF has over the years been perceived by its members as an institution that does not pay members their savings even when they meet the qualifying requirements. It is believed that NSSF pays out only when a member dies.
Below are the statistics showing the types of Benefits offered by NSSF, the amounts and numbers of members paid per Benefits type:- 1. Age Benefit: Paid to members who are 55 years 2. Withdrawal Benefit: 50 years and out of employment 3. Exempted Employment Benefit: Paid to members subscribing to another pension scheme 4. Emigration Grant: Paid to Members who are Permanently relocating to another country 5. Survivors Benefit: Paid to the dependents of the deceased 6. Invalidity Benefit: Paid to a person who is incapacitated for gainful employment
Amounts Paid Per Benefit Type Invalid Benefit Survivors Benefit 8% 4% Emigration Grant 12% Age Benefit 39% Exempted Employment Withdrawal Benefit Benefit 29% 9% Total amount paid: 32.0 bn NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
Number Paid Per Benefit Type 843 900 800 637 700 600 440 500 400 265 287 300 164 200 100 0 Age benefit Withdrawal Exempted Emigration Survivors Invalid Benefit Employment Grant Benefit Benefit Benefit Total Beneficiaries paid: 2,636 NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
Average Time Taken To Process A Benefits Claim 22.5 22 22 21.5 21 21 20.5 20 20 19.5 19 October November December NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
For more information on how you can qualify for your Benefits, visit any of our NSSF Branches or visit our website www.nssfug.org or contact us on our toll free line 0800286773 or on any of our social networks below www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug

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NSSF Pays: Q2 October - December 2012 Report

  • 1. NSSF PAYS CAMPAIGN QUARTERLY REPORT OCTOBER 2012 – DECEMBER 2012
  • 2. NSSF has over the years been perceived by its members as an institution that does not pay members their savings even when they meet the qualifying requirements. It is believed that NSSF pays out only when a member dies.
  • 3. Below are the statistics showing the types of Benefits offered by NSSF, the amounts and numbers of members paid per Benefits type:- 1. Age Benefit: Paid to members who are 55 years 2. Withdrawal Benefit: 50 years and out of employment 3. Exempted Employment Benefit: Paid to members subscribing to another pension scheme 4. Emigration Grant: Paid to Members who are Permanently relocating to another country 5. Survivors Benefit: Paid to the dependents of the deceased 6. Invalidity Benefit: Paid to a person who is incapacitated for gainful employment
  • 4. Amounts Paid Per Benefit Type Invalid Benefit Survivors Benefit 8% 4% Emigration Grant 12% Age Benefit 39% Exempted Employment Withdrawal Benefit Benefit 29% 9% Total amount paid: 32.0 bn NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
  • 5. Number Paid Per Benefit Type 843 900 800 637 700 600 440 500 400 265 287 300 164 200 100 0 Age benefit Withdrawal Exempted Emigration Survivors Invalid Benefit Employment Grant Benefit Benefit Benefit Total Beneficiaries paid: 2,636 NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
  • 6. Average Time Taken To Process A Benefits Claim 22.5 22 22 21.5 21 21 20.5 20 20 19.5 19 October November December NSSF PAYS: Q2 OCT – DEC 2012 www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug
  • 7. For more information on how you can qualify for your Benefits, visit any of our NSSF Branches or visit our website www.nssfug.org or contact us on our toll free line 0800286773 or on any of our social networks below www.facebook.com/nssfug @nssfug www.youtube.com/nssfug www.slideshare.net/nssfug