The total assets of the sector climbed from Ush17.8 trillion ($4.8 billion) in 2020–2021 to Ush19.9 trillion ($5.2 billion) in 2021–2022 according to the most recent statistics provided by the Uganda Retirement Benefits Regulatory Authority.
In the wake of Covid-19 lockdown measures and with rising demand for short-term access to pension money, growth in assets, investment portfolios, and benefit payments defined the health of Uganda’s pension market.
Similar increases were seen in the industry’s investment portfolio, which increased from Ush17.9 trillion ($4.7 billion) in 2020–21 to Ush19.5 trillion ($5 billion) in 202–21.
