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{
    "id": 218049,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/218049/?format=api",
    "text_counter": 99,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "Mr. Speaker, Sir, in order to expand the coverage by the National Social Security Fund (NSSF), I also propose to amend the NSSF Act to allow individuals to contribute voluntarily to the June 14, 2007 PARLIAMENTARY DEBATES 1843 Fund as in the case of NHIF. Here, we are looking at individuals who are currently locked out because they are employed by an employer who is not eligible; who has less than five employees or those who are in the Jua Kali sector who want to contribute to the NSSF, but currently cannot do it. I further propose an amendment to the NSSF Act to provide that the monthly 5 per cent of total wages of casual workers that is paid to NSSF by employers to be declared as surplus benefits whenever an actuarial valuation of the Fund is carried out. This money will be used to augment the benefits of the voluntary individual accounts. This will now allow the casuals and the self- employed people to voluntarily join and benefit from the Fund just like all the employees who are in the regular employment. Mr. Speaker, Sir, due to the delays that have been witnessed in the past in relation to payment of benefits of a deceased person to survivors, I propose to amend the Retirement Benefits Act to provide that benefits arising by reason of death of a scheme member do not form part of a deceased persons's estate and shall be paid by the trustees in accordance with the scheme rules."
}