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"id": 1093360,
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"type": "speech",
"speaker_name": "Sen. Olekina",
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"legal_name": "Ledama Olekina",
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"content": "Madam Temporary Speaker, I rise pursuant to Standing Order No.47(1) to make a Statement on an issue of great topical concern namely; the compulsory public service employees insurance benefits scheme in compliance to the Public Service Superannuation Scheme Act 8 of 2012 and Human Resource Policies and Procedures Manual for the Public Service of May, 2016. Madam Temporary Speaker, the Public Service Superannuation Scheme Act No.8 of 2012 which has been in operation since 1st of January, 2021, is geared towards provision of retirement benefits to persons employed in the Public Service and for connected services. The Act on the interpretation defines disciplinary services as the National Police Service, the Prisons Service and the National Youth Service. Public Service means the employment in the service of the Government for example, the Public Service Commission the Teachers Service Commission, the National Police Service Commission and any other service that the Minister determines to be in public service for the purpose of this Act. In addition to the contribution specified in Sub-sections 1 and 2 of the Act, the Act further provides that: “Government shall take out and maintain a life insurance policy that has a disability benefit in favour of every member of the scheme for a minimum of five times (which is five years) the member’s annual pension emolument. The interpretation of this section means that a public servant who is a contributor to the above scheme must be insured for life insurance against death and disability for a maximum of five years of their basic salary."
}