The National Social Security Fund (NSSF) has questioned the integrity of Bank of Uganda (BoU) staff records, reckoning that the records have “contentious dates of birth” for some employees. NSSF has as such demanded for copies of the national identity cards of those BoU staff whose records have contentious dates of birth, in order to do some verification. This is after the central bank applied for renewal of their practicing NSSF clearance certificate.
Mr David Mwesigwa Rwamatungi, NSSF’s Acting Head of Business, wrote to Mr Ralph Bakashabaruhanga, the BoU Director of Pension Administration department, and explained the Fund’s delay to issue the Central Bank with the mandatory clearance certificate.
“We understand the urgency of the situation, however, you will appreciate that we have to follow the due process of assessing an employer’s records to ensure compliance with NSSF, before we can issue out a clearance certificate,” Mr Rwamatungi’s letter read.
Providing specifics on the discrepancy, Mr. Rwamatungi wrote: “Our subsequent communication to BoU pointed out the issue of staffs who are below 55 years of age as per their NSSF registration details, and who are above 55 years as per BoU records.”
The NSSF scrutiny of BoU’s staff records also found that a tune of Shs1.6b was paid out to unidentified BoU staff between August 2016 and January 2019, without remitting Shs246m worth of statutory contributions to NSSF. BoU officials did not remit this money to NSSF as the law requires.