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{
    "id": 132949,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/132949/?format=api",
    "text_counter": 320,
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    "content": "for example, you join another employer. But a case where a person loses his or her employment, then that person is not supposed to leave behind the contributions that accrued to his or her pension scheme. So, my appeal to my colleagues is that we support this Motion and urge the Government to rethink. My friend Mr. Midiwo, talked about bringing down this economy if we allow something like this to happen. This rule was just introduced the other day in 2006 and this country did not collapse before. How come that now if we remove it, then the economy will collapse? The other argument is that this money could be used to finance infrastructure development. That is a noble idea but as we talk today, the Government has not made any serious attempts to utilize those funds in issuing infrastructural bonds. There was an attempt but we do not know what happened. Up to now, the Government has not actualized or effected the funding of infrastructure by issuing infrastructural bonds which could be purchased by some of these locked up funds. So, as far as I am concerned, the Government is using the savings that are made on behalf of employees by employers to finance Recurrent Expenditure. If it is so, then that would be very wrong. With those few remarks, I support this Motion."
}