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{
    "id": 1121828,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1121828/?format=api",
    "text_counter": 244,
    "type": "speech",
    "speaker_name": "Kitui West, WDM-K",
    "speaker_title": "Hon. (Ms.) Edith Nyenze",
    "speaker": {
        "id": 13513,
        "legal_name": "Edith Nyenze",
        "slug": "edith-nyenze"
    },
    "content": "of how to use pension, so that when one retires, they do not suffer because of using all the money and having nothing to use for the rest of their life. This calls for pre-retirement training. Employers, together with the Retirement Benefits Authority (RBA), should ensure that retirees go through training to increase their awareness on how to save money. They can buy annuity with the money so that when they get pension, they do not spend all of it and remain with nothing left yet they are used to getting a monthly pay. This Bill talks about payment within 90 days, but pension should be paid immediately after retiring. You stop getting your salary the following month and you should start getting your pension. If not, I suggest that the people remain on the payroll until their pension is paid. In doing so, it will ensure that the National Treasury pays pension in time. If not so, then after 90 days, I propose that pension attracts an interest. With those remarks, I support the Bill."
}