Tuesday, May 14, 2013

Keep investigating the pension scandal

By Fr. Paul Ebwolu 
 
In Summary A National Social Security Fund member’s card.
A National Social Security Fund member’s card. Asset allocation is a key element in designing and implementing an efficient investment policy for pension funds.PHOTO BY RACHEL MABALA  

He was forced out of his job in the late 1990s. At that time, he received communication that he was to be paid a pension of Shs40 million.



I have just concluded reading your article titled, “Tracing the Shs360b pension scandal” in the Sunday Monitor of May 12. My father Mr Constantine Eropu, worked for a long time from 1950s upto the time of disbandment of East African Railways and Harbours.

He was forced out of his job in the late 1990s. At that time, he received communication that he was to be paid a pension of Shs40 million. He even had the figures given to him in British pounds sterling. To date, he has not received a coin from that money.


He is now 76 years old and really growing weak. The pension he gets at the moment is from the time he worked with Uganda Railways Corporation. It is not much, about Shs150,000 per month. Sometimes no money is credited on his account.

You have started a good job: tracing the pension scandal. Please keep it up.

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