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{
    "id": 1077255,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1077255/?format=api",
    "text_counter": 115,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Speaker, majority of Kenyans in the informal sector are not covered by any pension scheme thus making them vulnerable during old age. To address this, I undertook to establish a National Informal Sector Pension scheme last year which has a sustainable model that combines long-term savings with short-term needs targeting the more than 15 million informal sector workers who have been excluded from the current pensions arrangement. To this effect, I wish to report that the necessary instruments to operationalise the scheme, including the trust deed and rules, business plan and investment policy, have been prepared. We intend to roll out this scheme in the next financial year."
}