By Leonard Kamugisha Akida,
KAMPALA: Makerere University Council passed a resolution to has withdraw from remitting all its staff retirement benefits to the National Social Security Fund (NSSF).
The resolution to stop from saving with the fund follows government approval to Makerere University Retirement Benefits Scheme where all staff benefits will be saved.
During the 153 university council sittings that were held last week on October 6, it was resolved that the University should effective July 1 start remitting all the staff savings to its scheme because their staff is no longer eligible to register and save with the NSSF.
The University Secretary, Yusuf Kiranda confirmed to the resolution saying the University has asked staff who were initially saving with the NSSF but wish to transfer their money to MURBS to do so.
In 2028, NSSF sued Makerere University for non-remittance of statutory benefits for its staff.
But the fund Managing Director, Richard Byarugaba says that the court case against Makerere is about the arrears the University is meant to remit to the Fund before MURBS was declared legal in June.
MURBS has a membership of 3,770 staff with over 200b worth of savings.
