Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 57793, member: 636"]
Uganda's National Social Security Fund achieved record earnings of UGX 3.52 trillion during the fiscal year concluded June 30, 2025. The performance represents an eleven percent surge from the prior year's UGX 3.2 trillion total. Assets under management expanded to UGX 26 trillion as member contributions climbed over ten percent to UGX 2.13 trillion. Interest revenues jumped from UGX 2.34 trillion to UGX 2.88 trillion while dividend payments reached UGX 238.14 billion. Real estate earnings advanced to UGX 16.64 billion.

The Fund maintained operational efficiency with administrative costs at 0.88 percent of managed assets. Employer compliance rates declined from 57 percent to 52 percent following regulatory changes requiring all employers to contribute regardless of workforce size. Benefits distributed to members increased to UGX 1.32 trillion despite fewer claimants. The new Smartlife Flexi savings product attracted 38,000 accounts and UGX 27 billion within eight months of launch. Officials announced Vision 2035 targets UGX 50 trillion in total assets.
[/QUOTE]

Name