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{
    "id": 1507048,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1507048/?format=api",
    "text_counter": 96,
    "type": "speech",
    "speaker_name": "Sen. Olekina",
    "speaker_title": "",
    "speaker": {
        "id": 407,
        "legal_name": "Ledama Olekina",
        "slug": "ledama-olekina"
    },
    "content": "Mr. Deputy Speaker, Sir, last week, I had to call the head of Accounting Services National Treasury to follow up on one teacher to ask them why they had not paid her dues. Why are they keeping all those files without processing teachers’ dues? This is your money which was being deducted from you as you were working. Now the law should be recrafted in a way that if the National Treasury delays in paying the retirees their benefits or their pension, they should start paying interest. Since the LAPFUND and LAPTRUST are spending the money that they are collecting from these county governments or civil servants on investments we should now qualify those investments. We should ask: If I am retiring and you are paying me this, how much have you made from the investments that you have invested in? This money should not just be sweet for these entities, but it is not sweet for the people who contributed it. Mr. Deputy Speaker, Sir, I really would like to request that the committee take this matter very seriously and reopen the whole debate on these pension schemes. Why should I be contributing to a pension yet when I retire, I do not get my money? Should I not just go to a bank account and open a fixed deposit account or an escrow account where I can just be putting money so that at the time when I retire I can get that money? Secondly, I would like to comment on the statement raised by Sen. Onyonka where he is seeking clarification on the issue of logging."
}