The National Social Security Fund (NSSF) has launched a strategic partnership with Interswitch under the initiative “NSSF Ku Kyalo”, aimed at extending social security services to more Ugandans through digital financial platforms.
The collaboration seeks to onboard over 100,000 new voluntary savers onto the Fund’s Smart Life Flexi product through Interswitch’s Quickteller agent network, enabling easier access to savings and social security services across the country.
NSSF Managing Director Patrick Ayota said the partnership aligns with the Fund’s broader vision to extend coverage and promote a savings culture among Ugandans.
“We recently unveiled our 10-year strategic plan, Vision 2035, guided by our mandate to provide social security services to all eligible Ugandans. One of the key pillars of this strategy is to increase social security coverage to 50% of Uganda’s workforce by 2035 representing over 15 million people. We will achieve this by creating capacity and willingness to save,” said Ayota.
NSSF’s mandatory business continues to perform strongly, with assets under management now standing at over Shs 26 trillion, driven by consistent member contributions and prudent investment decisions that deliver competitive returns.
On the voluntary side, the Fund has achieved impressive growth, with its portfolio reaching Shs 52 billion. The Smart Life Flexi product now boasts 49,000 members and over 250,000 transactions, reflecting increasing interest from self-employed and informal sector workers.
The NSSF–Interswitch partnership marks a major step toward digital inclusion, financial security, and broader social protection for all Ugandans.