Pension Sector Liberalization Ultimatum

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The National Organization of Trade Unions has given Finance minister Matia Kasajja a three months ultimatum to withdraw the Retirements Benefits sector liberalization bill from parliament. NOTU is threatening industrial action in protest of any attempt to bring the new law into place. The NOTU leadership says those pushing for the passing of this bill into law, have hidden interests to mismanage the workers’ savings.