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{
    "id": 1381359,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1381359/?format=api",
    "text_counter": 153,
    "type": "speech",
    "speaker_name": "Sen. Mungatana, MGH",
    "speaker_title": "",
    "speaker": null,
    "content": "Thank you, Mr. Speaker, Sir, for giving me the opportunity to also put my thoughts in this debate. Retirement is a very challenging part of life. That is the time that your body is reminding you that you are no longer what you used to be. It is also the time that you have a lot of medical bills. Your energy is not like it used to be. You cannot chase after your business the way you used to be. You are not able to access offices the way you used to do. It is a time when sickness and disease is part and parcel of management of your life. Sometimes, it is a time when you are managing your life style diseases. So, imagine a situation such as that. Then, saddled with that, you have the challenge of not having steady liquid cash. You may have accumulated some land and shares somewhere. However, the biggest challenge of retirement is that you are unable to access cash on a regular basis like you used to when you were in employment or business. It is also a time when private insurance companies do not want to take you for medical because you are a high risk. You are a person who is forever engaged in hospitals and so on. So, you will find that you will be paying a higher amount of premiums for those that will accept you. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard Services,Senate."
}