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{
    "id": 1077249,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077249/?format=api",
    "text_counter": 109,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The defined benefit pension scheme for civil servants, teachers and disciplined forces has constrained growth of pension savings and also exerted fiscal pressure on Government. In order to address these twin problems, the Government rolled out the much-awaited Public Service Superannuation Scheme on 1st January 2021 that covers civil servants, teachers and the disciplined forces aged below 45 years at the commencement of the Scheme with an option for those over 45 years to join, if they elect to do so. As of April 2021, a total of 340,318 public servants had indeed joined the Scheme. In the past, the processing and payment of pension benefits to retired public servants has neither been efficient nor timely. Thus, it denies senior citizens regular incomes. To address this, the National Treasury has carried out targeted reforms including systems re-engineering and the provision of real time pension services in all the Huduma Centres countrywide. I am pleased to note that, as a result of these interventions, the cumulative pension payments and pension files processed increased by 40 per cent by 31st May 2021 compared to the previous year. We expect further improvement with the planned implementation of a Pensions Management Information System later in the year."
}