During the documentation and sensitization at Gadaffi barracks Jinja cantonment, the UPDF Deputy Chief of Personnel and Administration (D/CPA) Brig Gen Godfrey Kigozi has on Wednesday, July 5, 2023, recommended UPDF senior officers who are yet to retire this financial year to have a retirement plan with a positive mind in their new life they are to begin.
While addressing 99 officers from the rank of Major to Colonel, he asked them to be good ambassadors and protect the good name of UPDF.
“As you go for retirement, have a purposeful plan with a positive mind so that you can invest your retirement package wisely,” Brig Gen Kigozi said.
The documentation for retiring General officers from the rank of Brigadier to General is set for Monday, July 10, 2023 in Mbuya.
The total number of UPDF officers that will be retiring on August 31, 2023, in batch 13A from the rank of Major to General is 110.
The Commissioner Human Resource Management of the Ministry of Defence and Veteran Affairs (MODVA), Alfred Cox Anguzu encouraged the officers to cut back on excessive spending and live longer.
Anguzu encouraged the officers to invest the lumpsum money they will receive and save part of it, but also pay attention to the training in financial literacy they will be receiving to be excellent ambassadors for UPDF.
He added that the exercise’s goal was to help retirees become financially literate and ensure that they know exactly what they are signing in order for the procedure to run smoothly and transparently.
However, Col Katwekire Kamurali, a retiring officer, appreciated UPDF for organizing programs to educate retirees on their new lives aimed at addressing financial literacy and ignorance as the biggest problem.
