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"id": 330087,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/330087/?format=api",
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"type": "speech",
"speaker_name": "Dr. Oburu",
"speaker_title": "The Assistant Minister for Finance",
"speaker": {
"id": 194,
"legal_name": "Oburu Ngona Odinga",
"slug": "oburu-odinga"
},
"content": " The appellants appointed an actuary to determine their benefits and the trustees also had an actuary who determined the benefits payable. Unfortunately, the benefits determined by the respective actuaries do not reconcile. The RBA Appeals Tribunal at its sitting on 27th August, 2012 instructed the RBA to appoint an independent actuary to review the matter and provide an independent actuarial report. In compliance with the tribunal’s order, the RBA appointed Mr. Robert Oketch, a fellow of the Institute of Actuaries of London and the Actuaries Society of South Africa, and an employee of NBC Holdings Limited, as the independent actuary and instructed him to provide an actuarial report on or before 19th October, 2012. Upon completion of the report, the tribunal will be guided by the independent actuary’s findings on the correctness, or otherwise, of the benefits paid to the claimants."
}