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{
    "id": 120811,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/120811/?format=api",
    "text_counter": 400,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Pensions Act, in several sections and in particular Section 10(A), cites that the first payment of pension benefits to an officer who retires from the public service before attaining the age of 55 years, such pension benefits should only be payable once the officer attains 50 years of age, irrespective of when the officer retires from public service. Mr. Temporary Deputy Speaker, Sir, statistics posted by the World Health Organization (WHO) indicates that the life expectancy in Kenya at birth is 52 years for males and 55 years for females. This fact is obtained from the Mortality Country Factsheet for 2006 from the WHO. It states that life expectancy as at 2005 was 52 for males and 55 for females. These statistics reveal that the probability of a Kenyan person dying between the age of 15 years and 60 years per every 1,000 persons is 432 in the case of males and 404 in the case of females. It is, therefore, apparent that the Pensions Act, by deferring the payment of pension benefits up to attainment of the age of 55 years does not match the reality on Kenya’s life expectancy. A male officer who is paid his pension benefits under the Pension Act, as it stands now, at the age of 50, may, from the WHO statistics, only enjoy this hard earned benefits for a period of two years if still alive by that date. The objective of this Bill is to amend the Pensions Act in order to allow a person who retires from the public service at whatever age to immediately enjoy the use of the pension benefits. The enactment of this Bill does not occasion additional expenditure of public funds. Mr. Temporary Deputy Speaker, Sir, Section 10(A) of the Pensions Act that we seek to amend is not in consonance with the facts on the ground---"
}