Henry Musasizi

Five men in dark suits stand on a stage at NSSF's annual members' meeting. Finance minister Henry Musasizi, second from left, shakes hands with a man on the far left, beside gender minister Henry Tumukunde, centre, and NSSF managing director Patrick Ayota, far right. The figure 22.53 is displayed on a large screen behind them.

National Social Security Fund

NSSF pays a record 22.53%, partly from gains it has not banked

NSSF's record payout nearly doubles last year's, and we explain where the Shs5.44tn came from and what it means for next year

Patrick Ayota, NSSF managing director, gesturing while speaking at a lectern, with a screen behind him reading "The Fund Performance FY25/26"

National Social Security Fund

NSSF’s record year is smaller than it looks

NSSF reported record revenue of Shs6.5 trillion for the year to June, but only Shs3.9 trillion of that was income actually collected in cash

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