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"id": 1080673,
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"type": "speech",
"speaker_name": "Roysambu, JP",
"speaker_title": "Hon. Isaac Ndirangu",
"speaker": {
"id": 2701,
"legal_name": "Isaac Waihenya Ndirangu",
"slug": "isaac-waihenya-ndirangu"
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"content": "contributions to the defunct former authorities, and now the counties. They are notorious for deducting workers’ money for pension, but they do not submit it to their pension schemes. So, this provision enables the RBA to appoint an agent and particularly KRA to collect the money and submit it to the scheme. So, it is empowering the RBA. In fact, this House may care to know that the Local Authorities Pensions Trust (Laptrust) and the Local Authorities Pensions Fund (Lapfund), which are pension schemes for many local government authorities, are owed in excess of Kshs40 billion. This provision will enable the RBA and the schemes to get that money."
}