Life

How can I access my NSSF money?

How can I access my NSSF money?

Dial *185*7*5# and select Midterm Benefits, accept terms and conditions, enter NSSF number, enter NIN, select payment month and day and confirm with your Airtel Money PIN. You will receive an SMS to confirm your submission.

How do I withdraw money from my NSSF account?

How to claim your NSSF benefits online. To access the platform, one needs to download the NSSFGO Mobile and Web Application, scroll to Benefits Application and enter the required information and documents. Upon submission, a beneficiary is able to track the benefits claim until the payment is made.

How long does it take to get NSSF benefits in Uganda?

The duration it takes for one to receive their benefits is 10 working days.

How can I check my NSSF balance online?

Below is the procedure:

  1. Launch the NSSF Self- Service Portal on your browser.
  2. On the portal, click the “ Member self-service links” option.
  3. Select the “NSSF contributions statement” tab.
  4. A statement’s account login page displays.
  5. After logging in, expect a welcome remark.
  6. The page redirects you to your account.

Can I withdraw my NSSF money before retirement?

However a person will only be required to pay tax on his / her pension if the money is withdrawn from the fund before the member is 60 years of age.

How do I claim NSSF benefits for a deceased person?

How to apply: Visit your nearest NSSF office with the following documents:

  1. Original death certificate of the member.
  2. Photocopy of the deceased member Identity Card (if available).
  3. Claimants National ID Card/Passport/ Alien ID.
  4. Letter from County Administration confirming dependants.
  5. NSSF member number of the deceased.

How long does it take to get money from NSSF?

“This innovation also takes us closer to our benefits payment turnaround time target, which is paying qualifying members within 24 hours from the current 8 days.

Can I get a loan from NSSF?

Maximum Loan amount is Kshs. 300,000 repayable in 12 months at an interest rate of 1.209% per month. Appraisal Fee of 1% of the Loan will be recovered on approval together with an insurance fee of 1% of the Loan granted. Members pay point must be through the Sacco FOSA account.

How do I check NSSF on my phone?

How to check NSSF status via SMS

  1. Send the word “NSSF” to 6773 and follow instructions.
  2. Type NSSF, NSSF No, Date of Birth, Full Names and send to 6773.
  3. You will receive a PIN (after they validate their data)
  4. Type Bal, your new PIN” and send to 6773.
  5. View your statement balance.

How much does NSSF deduct from salary in Uganda?

An individual in employment is obligated to make a contribution of 5% of one’s gross earnings to the national social security fund. An individual who is an employer is also obligated to make contributions to the national social security fund for each employee, amounting to 10% of their gross pay.

How do I claim NSSF benefits in Uganda?

To access the platform, one needs to download the NSSFGO Mobile and Web Application, scroll to ‘Benefits Application” and enter required information and documents. Upon submission, a beneficiary is able to track the benefits claim until the payment is made.

Can you claim deceased parents pension?

If the deceased hadn’t yet retired: Most schemes will pay out a lump sum that is typically two or four times their salary. If the person who died was under age 75, this lump sum is tax-free. This type of pension usually also pays a taxable ‘survivor’s pension’ to the deceased’s spouse, civil partner or dependent child.

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