Request for Proposal (RFP) for Provision of Staff Supplemental Retirement Fund to JSI Research & Training Institute, Inc. (JSI) in Uganda.

JSI seeks Offerors to provide a supplemental retirement fund for the staff of the JSI Uganda     .

 

It is understood that some Offerors provide more than one type of scheme. The Offeror should provide the information listed below for each scheme type it can offer given that:

1. Once fully staffed, the monthly gross payroll is expected to be between 30,751,792 to 44,304,314 in Uganda Shillings (UGX);
2. JSI would contribute 5 % of the gross monthly payroll to the scheme;
3. Employee contributions to the scheme would be voluntary but, if taken up, would be at a fixed monthly rate defined by the employee, for each calendar year;
4. JSI is currently expected to be operational in Uganda for a minimum of one year up to three; and
5. Offeror is expected to provide the service for a minimum of one year, with the potential for annual renewals.

The Offeror’s proposal should include for each scheme it manages, at a minimum, the following information:

1. 1. Investment objectives
   2. Investment strategy
   3. Percentage distribution of and projected return on invested assets (as applicable) for:
      1. Fixed income
      2. Equities
      3. Cash and cash equivalents
      4. Other
   4. Withdrawal flexibility, i.e.
      1. Can employees withdraw their fund at any time?
      2. What conditions, penalties and restrictions, if any, exist for the withdrawal of funds by an employee?
      3. What is the procedure for closing an employee account?
   5. Fee structure
      1. Initial fee, if any
      2. Management fee
      3. Periodicity of fees
      4. How are these fees paid for? Are fees automatically taken care of as part of investment returns or are they charged separately?
   6. Projected return on investment(s)
   7. Any other terms of service or relevant information that the Offeror deems relevant to this RFP.

RFP: TIFA-Uganda-04

Date Issued: May 13, 2026 12:00 am
Due Date: May 22, 2026 4:00 pm EAST AFRICA TIME (EAT)

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