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{
    "id": 344439,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/344439/?format=api",
    "text_counter": 636,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
    },
    "content": " Mr. Temporary Deputy Speaker, Sir, I beg to move that The Presidential Retirement Benefits (Amendment) Bill be now read a Second Time. Mr. Temporary Deputy Speaker, Sir, I will be very brief because this amendment is also brief. What this Bill is trying to do is to cater for inflation. Since the Presidential Retirement Act was passed in 2003, there has been no increase in the allowances of a retired president. We have learnt from experience because we now have one retired president, Mr. Daniel arap Moi. It is from the experience that we have received that we saw it necessary to cater for his expenses. So, we are now proposing that instead of having fixed amounts, for example on entertainment, fuel and housing, we make it a factor of the salary so that if it goes up then automatically the allowances go up instead of having to ask a retired president to justify his increase. Basically, that is what the Presidential Retirement Benefits (Amendment) Bill is doing. It is just removing the fixed amounts and instead inserting percentages to cater for inflation. I beg to move and request my colleague, Prof. Anyang’-Nyong’o to second."
}