KACITA TEGEKA

KACITA Uganda Provident Fund scheme is a voluntary contributory scheme where any person with income can save regardless of whether he/she is self-employed or formally employed by either government institutions or the private sector. The scheme membership is also open to those individuals that are already contributing to mandatory and non-mandatory licensed retirement schemes. However, it also caters for pensioners and persons below 18 years and can have supplementary accounts run by their guardians.

The scheme was launched in 2016 targeting 10,000 contributors in the first two years of its operation with the long-term target being one million contributors. The scheme mission is to mobilize members to save for a dignified retirement.

In fulfilment of Uganda Retirement Benefits Regulatory Authority Act 2011, the sponsors appointed qualified trustees in the names of Dr. Gudula Naiga Basaza (chairperson), Dr. Agnes Apea Atim, Hon. Apollo Makubuya, Mr. Simon Ssekankya and Mr. Everest Kayondo to oversee the management of the scheme under close supervision of Uganda Retirements Benefits Regulatory Authority (URBRA). The trustees in turn appointed ICEA Life Assurance Company Limited as administrator, Housing Finance Bank Limited as custodians and Stanlib Uganda Limited as Fund Managers. This has ensured effectiveness and efficient operation of the scheme.

Saving for retirement is one of the biggest challenges in Uganda especially in the informal sector where mandatory contributions are not made. However, KACITA Uganda is pleased to introduce to you KACITA Uganda provident fund scheme locally known as TEGEKA. The scheme deals in saving money for its members to have a dignified retirement.

Basing on the good governance, the scheme has held a variety of financial literacy workshops this year to equip its members with skills and knowledge about saving for future. The scheme has made milestone in its enrollments and this has boasted our monthly contributions. With such massive contributions, our fund manager has been able to invest in productive ventures and by the end of the year, our members will be given a competitive interest from their monies being invested.

The scheme has mega plans for the year 2019 to its members and the entire public. We are planning to have massive publicity next year through radio and TV talk shows, visit various institutions and companies, hold seminars and have door-to-door activities. By doing this, we would be increasing our visibility and effectiveness in the country.

1. Your money earns a competitive interest per annum
2. You can access your savings after 10 years or when you turn 50 years
3. Minimum contribution is 3,000/ UGX Per day
4. Free statement per month

1. Photocopy of national identity card/ any valid identification card
2. Membership fee (10,000/)
3. Passport photo

HOW TO SAVE WITH KACITA UGANDA PROVIDENT FUND SCHEME using Airtel Money

• DIAL *185#
• SELECT PAY BILL (4)
• SELECT OTHERS (9)
• ENTER BUSINESS NUMBER (230110)
• ENTER AMOUNT
• ENTER REFERENCE / REASON FOR PAYMENT
• CONFIRM PAY
• ENTER PIN
• PAYMENT IS MADE

BANK DEPOSIT

BANK: HOUSING FINANCE BANK

ACCOUNT NAME: KACITA UGANDA PROVIDENT FUND SCHEME

ACCOUNT NUMBER: 0200094205

NOTE: Include your name and the phone number on the deposit slip