Skip to main content
02 Our Business 12 Material matters
32 / 32

5. Intergenerational value creation

We sustain wellbeing
for generations

Why this matters for long-term value creation

NSSF's mandate extends beyond protecting retirement savings. As one of Uganda's largest institutional investors, the Fund plays a vital role in mobilising long-term domestic savings, expanding financial inclusion and strengthening Uganda's capacity for sustainable economic growth.

Uganda's Fourth National Development Plan (NDP IV) and the Government's Ten-Fold Growth Strategy recognise that inclusive economic transformation depends on increasing productivity, creating employment, mobilising domestic capital and expanding financial inclusion. NSSF contributes to these national ambitions by extending social security beyond the formal workforce, strengthening financial capability, and creating opportunities for more Ugandans to participate in long-term savings.

Rather than waiting for economic growth alone to create future contributors, we are actively creating the conditions that enable more Ugandans to generate sustainable incomes, build financial resilience, and participate in the formal savings ecosystem. Through innovation, strategic partnerships, digital transformation, and financial education, we are cultivating the next generation of savers while mobilising long-term capital that supports Uganda's sustainable development.

By creating both the capacity and the willingness to save, we strengthen financial security for members today while creating lasting value for future generations.

Our strategic response

To create sustainable wellbeing for generations, we continue to:

Expand social security coverage across both the formal and informal sectors

Build the capacity and willingness of Ugandans to save through financial literacy, accessible products, digital innovation, and targeted engagement

Support entrepreneurship, agriculture and other productive sectors that strengthen sustainable livelihoods and economic participation

Mobilise long-term domestic savings and invest responsibly in opportunities that support Uganda's national development priorities while delivering sustainable long-term returns

Integrate sustainability considerations into investment, governance, and business decision-making to strengthen long-term resilience

FY2025/26 progress

We continued creating long-term value by:

Expanding financial inclusion and social security coverage through Smartlife and targeted informal sector initiatives

Strengthening financial capability through financial literacy, member education and community engagement

Mobilising long-term domestic savings to support sustainable investment and national development

Investing responsibly in opportunities that contribute to economic growth, employment creation and broader social value while delivering sustainable returns for members

Embedding sustainability across governance, investment, operations, and decision-making to strengthen long-term resilience

Performance measures

Key measure

Assets under management

FY2025/26

UGX 32.87Tn

FY2024/25

UGX 26.01Tn

Key measure

Contributions received

FY2025/26

UGX 2.42Tn

FY2024/25

UGX 2.13Tn

Key measure

Benefits paid

FY2025/26

UGX 1.55Tn

FY2024/25

UGX 1.32Tn

Key measure

Return credited to members

FY2025/26

22.53%

FY2024/25

13.5%

Key measure

Smartlife members

FY2025/26

70,298

FY2024/25

27,194

Key measure

Smartlife contributions

FY2025/26

UGX 138Bn

FY2024/25

UGX 17Bn

Key measure

Financial literacy reach

FY2025/26

5.4Mn

FY2024/25

14.4Mn

Key measure

Investments supporting national development

FY2025/26

UGX 4.12Tn

FY2024/25

UGX 3.39Tn

Strategic objectives

Maximising coverage and contributionsMaximising value for our membersMaximising earnings

Stakeholders affected

Membersfuture generationsgovernmentcommunitiesinvestment partnersemployers

Board oversight

IPMCBoard

Sustainable Development Goals

Capitals impacted

Financial capitalSocial and relationship capitalNatural capitalIntellectual capitalFC, SRC, NC, IC

Key risks

Investment
Underperformance

Climate
Risks

Economic
Volatility

Inflation

Sustainability
Risks

Key opportunities

Asset
Growth

Retirement
Security

National
Development

Financial
Inclusion

Sustainable
Investment

Why it matters

Sustainable returns, retirement security, and long-term prosperity

Up nextOur strategy

NSSF Integrated Report 2026

Ways to navigate

Choose how you would like to explore the digital publication.

Viewing on a laptop

For the best experience on a laptop, view the report in full screen.

In Chrome, open the three-dot menu at the top right, then select the full-screen icon beside Zoom.

To exit, move your pointer to the top of the screen and select the exit full-screen button.

Contents Overview

Quick access

NSSF Integrated Report 2026

Search the Report

Start typing to search the Integrated Report.

Downloads

Download the full report, complete chapters or selected report sections.

01

Report Overview

02

Our Business

03

Our Strategy

04

Our Governance

05

Our Sustainability

06

Our Performance

No sections selected

Share This Page