The Kampala Capital City Authority (KCCA) has intensified its retirement preparedness campaign, urging employees to begin financial planning early and adopt a positive mindset toward life after formal employment.
Speaking during a financial literacy and pre-retirement training held on Wednesday at Imperial Royale Hotel, KCCA Deputy Executive Director Benon Kigenyi said retirement should be viewed as a continuation of life rather than an end to productivity.
“Retirement is often seen as scary, but it is important to plan and undergo a mindset change. It should be viewed as a continuation of life, not the end of productivity,” he said.
The training brought together teachers, health workers, and administrative staff as part of KCCA’s broader effort to strengthen financial literacy and ensure smoother transitions into post-employment life.
Officials from National Social Security Fund Uganda (NSSF) also participated, highlighting voluntary savings options such as the Smartlife Flexi initiative, which allows workers to save from as little as Shs 5,000 while earning competitive returns.
NSSF Central Region Manager Ivan Twehamye cautioned that earning capacity declines with age, urging workers to make deliberate financial decisions early.
“Beyond the age of 40, the window for earning income narrows. You must be careful where you invest your money, especially after 45,” he said.
He added that Uganda has about 60 licensed savings schemes, encouraging employees to carefully evaluate investment options before committing.
KCCA Director of Human Resource and Administration Grace Akullo emphasized the importance of consistent saving habits and strong social support systems to ensure stability after retirement.
“Saving is key and should be done continuously,” she said.
The initiative underscores KCCA’s ongoing commitment to staff welfare beyond active service, focusing on long-term financial security and sustainable livelihoods after retirement.
