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  • Regulate and supervise the establishment, management and operation of retirement benefits schemes in Uganda, in both the public and private sectors.
  • License retirement benefits schemes in Uganda.
  • License custodians, trustees, administrators and fund managers of retirement benefits schemes;
  • Approve an actuary or auditor of any retirement benefit scheme.
  • Protect the interests of members and beneficiaries of retirement benefits schemes including the promotion of transparency and accountability.
  • Improve understanding and promote the development of the retirement benefits sector.
  • Promote the stability and integrity of the financial sector through ensuring stability and security of retirement benefits schemes.
  • Ensure sustainability of the retirement benefits sector with a view to promoting long term capital development.
  • Advise the Minister on all matters relating to the development and operation of the retirement benefits sector.
  • Implement Government policy relating to retirement benefits schemes.
  • Promote public awareness of the retirement benefits sector.
  • Any other function conferred upon it under the URBRA Act 2011. end