Our Sustainability
Message from our Chairman
Dr. David Ogong, Chairman, Board of Directors
"It is both an honour and a privilege to present my first report as Chairman at a time when the Fund marks 40 years of transforming lives and shaping Uganda’s future. This milestone is not only a celebration of our past but also a moment to chart a bold and sustainable course for the years ahead."
This year marks a defining moment in the National Social Security Fund’s history. For four decades, our journey has been shaped by resilience, innovation, and a commitment to securing the financial futures of Ugandan workers. We have evolved from a traditional provident fund into East Africa’s largest and most trusted social security institution, a catalyst for national development and a leader in sustainable growth.
From an asset base of 1.7 trillion in 2011, we have grown to manage over UGX 20 trillion in member savings. This growth is a testament to prudent stewardship, strategic foresight, and the trust of more than 2.5 million Ugandans. Yet our legacy is measured in more than financial terms. It is reflected in the millions of lives touched by our work, the families strengthened by financial stability, the entrepreneurs empowered through access to capital, the communities uplifted by our investments and the confidence we inspire in every Ugandan worker.
Sustainability at the core
Sustainability is not an add-on to our strategy; it is embedded in the way we operate. Guided by Environmental, Social and Governance (ESG) principles, we integrate sustainability thinking into every decision we make — from how we invest, to how we engage with members, to how we manage our operations. Our approach ensures that every shilling entrusted to us delivers not only competitive returns but also lasting social and environmental value.
This commitment is evident in our responsible procurement practices, where “green” initiatives are embedded into procurement and contract management. We prioritise suppliers and processes that reduce, reuse and recycle materials while also promoting social inclusion and innovation. This includes reducing paper use through the electronic Government Procurement system, implementing waste separation and asset disposal programmes, promoting tree planting and seed distribution, and securing ISO certifications for IT equipment and services.
We also strengthen Uganda’s SME ecosystem by sourcing 97 percent of our providers locally, running supplier forums and mentorship programmes, and upholding strict health, safety, and ethical standards. By aligning procurement with ESG principles, we ensure that our operations contribute directly to environmental stewardship, social empowerment, and good governance.
Enabling sustainable and shared growth
Our initiatives such as the Livelihoods Support Project, which seeks to enrol more than four million workers in the informal sector into social security, demonstrate our dedication to inclusive prosperity. We are deepening financial inclusion and increasing coverage through innovative and strategic partnerships, making sure that no Ugandan is left behind.
Through initiatives such as the Smartlife Flexi product, we are extending the promise of social security to a segment that represents most of the workforce. Strategic partnerships, digital innovations such as the NSSF Go App, and targeted financial literacy campaigns are breaking down barriers to coverage and making saving accessible to all.
Powering national development
Our investments in infrastructure, real estate, capital markets, and government securities do more than grow the Fund’s assets. They create jobs, strengthen financial systems, and contribute directly to Uganda’s Vision 2035. Projects such as the Lubowa Housing Estate, Temangalo and the Pension Towers stand as symbols of our commitment to building a modern and inclusive Uganda.
Empowering generations
From the young worker taking their first job to the retiree enjoying the benefits of a lifetime of savings, our mission is to serve every generation. Consistent interest payouts, member-focused products and capacity-building programmes ensure that our members not only retire with dignity but thrive along the way.
Looking ahead
As we celebrate 40 years, we look to the next decade with ambition. The 50:50:95 Vision 2035 agenda, which aims for 50 percent workforce coverage, UGX 50 trillion in assets and 95 percent stakeholder satisfaction, is both our roadmap and our commitment. It is how we will measure our progress in delivering value for members, advancing national development, and ensuring that the Fund remains a trusted partner for generations to come.
I extend my deepest appreciation to our members, Board, management, employees and partners for their steadfast trust and commitment. Together, we will continue to power growth, empower generations, and build a sustainable future where every Ugandan can retire with dignity and pride.
Sustainability is a strategic priority for NSSF, evidenced by initiatives that reflect its commitment to creating shared value and driving sustainable growth for its members, stakeholders, and society.
