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{
    "id": 1381421,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1381421/?format=api",
    "text_counter": 215,
    "type": "speech",
    "speaker_name": "Sen. Osotsi",
    "speaker_title": "",
    "speaker": {
        "id": 13588,
        "legal_name": "Osotsi Godfrey Otieno",
        "slug": "osotsi-godfrey-otieno"
    },
    "content": "Mr. Speaker, Sir, I thank all the Members who have contributed for overwhelmingly supporting this Motion. I spent a lot of time when I was moving it. Therefore, I will not say much. I just want to clarify the issue of multi-sectoral forum that will be appointed by the Cabinet Secretary in charge of the National Treasury. The Committee considered the forum to be important because we faced two major challenges. Firstly, there is the issue of harmonizing pension principal balances because of variations. The figures quoted by counties varied with those quoted by pension schemes. Secondly is the issue of interest. The interest charged and the other charges were a significant portion of the total pension that is owed. We thought that it may not be in our domain. We create a legal forum where the stakeholders can agree on these two issues and that has to be done immediately after this Motion is passed. We expect the Cabinet Secretary for National Treasury to come up with a task force and gazette it within 30 days. Thereafter, that task force is supposed to submit a final report to the Senate on how they are going to implement the recommendations of this Senate within 60 days. 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."
}