Object of the Bill
The policy behind this Bill is to Liberalise the retirement benefits sector; to remove monopoly over mandatory contributions; to provide for fair competition among licensed retirement benefits schemes; to provide for manadatory contributions and benefits; to consolidated and reform the law scheme relating to retirement benefits; to convert the Public service pension scheme into a contributory Scheme; to repeal the pension Act, Cap 286 and the National Social Security Fund Act. Cap 222 and Preservation of Funds under the National Social Security Fund
Bill Document
Other Attachments
The Retirement Benefits Sector Liberalization Bill, 2011
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
The Bill is in its First Stage
Second Reading
Third Reading
Presentation/Waiting Assent
Assented by President
End
Bill passed on
Bill Withdrawn on 2018-10-03
Bill is withdrawn from Parliament.