MURBS declared this while at a press conference held on Tuesday, October 16, held in the Quality Assurance Tele-presence Centre, Senate Building.
Makerere University vice chancellor, Prof. Barnabas Nawangwe applauded the initiative for grooming the employee financial position.
“I am happy to learn that some of our staff currently have retirement benefits in excess of Uganda Shillings 200million. This has made the work of the University management easier,” said Prof. Nawangwe.
Mr. Wilber Grace Naigambi, the Chairperson MURBS Board of Trustees, stated that during for the financial year 2017/2018, the scheme paid Shs3.79 billion benefits to 99 existing members compared to Shs3.22billion in the previous year.