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"id": 1121801,
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"type": "speech",
"speaker_name": "Nominated, ANC",
"speaker_title": "Hon. Godfrey Osotsi",
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"legal_name": "Godfrey Osotsi",
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"content": "This Bill, as pointed out by the Mover, is going to ensure effective planning of pensions. I agree with that because pensions’ schemes will have to plan to make sure that within 90 days upon retirement or upon one reaching pension payment time, pension will be paid. The second thing this Bill will do is to make it very attractive for people to retire. We see people reaching retirement age but still want to be retained. They look for extension of their contracts while others compete with young people in employment. But if we make it attractive for people to retire, it means we will create space for young unemployed people to be employed. This is very productive."
}