Parliament has considered and passed the National Social Security Fund (Amendment) Bill, 2019 with amendments.
In the passed bill workers who contribute to the National social security fund will be able to access 20 percent of their benefits at the age of 45 years or those who would have saved for 10 years.
The amendment was moved in a split that all contributors’ access 20 percent of their savings in light of the economic distress caused by the Covid-19 pandemic the issue which was rejected by parliament.
The vice-chairperson of the gender committee Agnes Kunihira says the workers have a reason to celebrate because nobody will directly access the worker’s fund.
The NSSF monitoring would be under two ministries of Gender and finance
Dokolo district woman mp had wanted parliament to remove the ministry of finance to be part of the housing ministry for NSSF to avoid the fund abuse but parliament did not agree with her.
Workers member of parliament Dr.Sam Lyomoki during the passing of the bill apologized to parliament for the un parliamentary conduct late last year, as Parliament in his view was delaying to pass the Bill.
The Bill now moves for presidential assent before it becomes a law.
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