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{
    "id": 164317,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/164317/?format=api",
    "text_counter": 97,
    "type": "speech",
    "speaker_name": "Mr. Kenyatta",
    "speaker_title": "The Deputy Prime Minister and Minister for Finance",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "(b) The assets held by private determined benefit schemes amount to a total of Kshs203 billion as at June, 2008. In the recent past, there are no schemes which have become insolvent. However, we have a number of old schemes which existed before the Authority came into existence in 2000, which operated as defined benefit schemes with under-funded liabilities. The schemes were required to be, at least, 80 per cent funded. However, they are not insolvent because they are still in operation."
}