The earlier you start saving, the happier your retirement will be
An article written by Lydia Mirembe, Manager Corporate and Public Affairs, URBRA. For many youths, retirement is a farfetched idea, concerning people in advanced age. Many youths don’t save for retirement, giving excuses and citing expenses like housing, education, loans among others. Some youth even think that saving is for the rich and well-to-do.In its […]
COVID19 Quarantine is incomparable to life in retirement
Written by Hajji Hassan Nakabaale, the Director Communications and Public Affairs,URBRA The current lockdown owing to #Covid19 is a perfect time to reflect on retirement. Many have argued that the time we are spending at home without going to work is similar to what happens during retirement. They contend that just like in lockdown, people […]
A happy retirement goes beyond financial certainty
Article written by Martin A. Nsubuga, CEO URBRA. In our efforts to promote planning for retirement, we have more than focused on financial considerations. We have emphasized the need for prudent investment in assets that will provide a regular cashflow to support one’s needs in retirement and ensure a “Zaabu life”. However, we have not […]
ITC and URBRA launch Trustee Training Programme to enhance professionalism in the pensions sector
Kampala, Uganda, April 16th, 2021 – Today, The Insurance Training College (ITC) and Uganda Retirement Benefits Regulatory Authority (URBRA) officially unveil the commencement of the Trustee Training and Certification Programme that is intended to improve and enhance the professionalism of trustees. The launch signifies the roll-out of the training programme that will be conducted by […]
Happy Womens Day 2021
This year 2021, International Women’s Day is commemorated with the theme: Building on women’s Strength for a better future in a Covid-19 world. The International Women’s Day, March 8th, can be traced back to the early 1900s, with women’s movements in different countries leading protests against a wide array of “injustices”. Key among the issues […]
End of Year 2020 – Press Release
INTRODUCTION Throughout 2020, the Uganda economy has taken quite a pounding from Covid-19. The pandemic has significantly disrupted economic activity, resulting in loss of jobs and incomes. The country is yet to know the full extent of the economic impact of Covid-19. The retirement benefits sector has equally suffered the effects of the pandemic, but […]
Save now to guard against old-age poverty
As Uganda joins the rest of the world to commemorate the International Day of Older Persons, the Uganda Retirement Benefits Regulatory Authority (URBRA) reiterates the message that saving for retirement is the surest way to mitigate the challenges of old-age poverty. World over, there is an improvement in life expectancy, thanks to life-prolonging innovations in […]
URBRA release Retirement Benefits Sector Report 2019
2019 Results in brief 1. Sector Contributions and Benefits Paid In 2019, total contributions increased by 17.2% to UGX 1.50 trillion from UGX 1.28 trillion in 2018. The increase was attributed to improved compliance in remittance by employers to schemes owing to ongoing supervisory activities, conversion of gratuity arrangements into retirement benefit schemes, new employer […]
PRESS RELEASE: ITC and URBRA sign Memorandum of Understanding to enhance professionalism in pensions sector
Kampala, Uganda, June 29th, 2020 – Today, The Insurance Training College (ITC) and Uganda Retirement Benefits Regulatory Authority (URBRA) sign a Memorandum of Understanding (MOU) to rollout a certified training programme for trustees in Uganda’s pensions sector that seeks to improve and enhance professionalism of Trustees. The programme is in line with ITC’s mandate […]
COVID19 Quarantine is incomparable to life in retirement
Written by Hajji Hassan Nakabaale, the Director Communications and Public Affairs,URBRA The current lockdown owing to #Covid19 is a perfect time to reflect on retirement. Many have argued that the time we are spending at home without going to work is similar to what happens during retirement. They contend that just like in lockdown, people […]