The latest payout also significantly exceeds the previous record of 15%, which was declared for the 2017/18 financial year under former NSSF Managing Director Richard Byarugaba. NSSF’s interest rate had dropped to 9.65% in the 2021/22 financial year before rising to 10% in 2022/23, 11.5% in 2023/24, and 13.5% in 2024/25. The historic declaration follows a strong financial performance by the Fund. NSSF reported that assets under management grew from approximately Shs26 trillion to Shs32.8 trillion, while member contributions increased to Shs2.42 trillion during the 2025/26 financial year. The Fund had earlier announced total income of about Shs6.5 trillion, marking an 85% rise compared to the previous financial year. The 22.53% interest rate means NSSF members will enjoy a significant increase in the value of their savings, with the exact amount credited depending on each member’s qualifying balance. Discover more from 303 News Subscribe to get the latest posts sent to your email. Type your email… Subscribe Related Posts:Google Unveils Pixel 11 Series, Pixel Tag and New AI…Lawyers, Activists Petition IGG Over Anita Among’s…African Stars Ready to Light Up the 2026 FIFA World CupGoogle I/O 2026: The Rise of the "Intelligence System"Uganda's Silenced Voices: A History of Media Houses…From Royal Flames to Heavenly Glory: The Story of… Post navigation Uber Ends Operations in Uganda After Nearly a Decade