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{
    "id": 412731,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/412731/?format=api",
    "text_counter": 483,
    "type": "speech",
    "speaker_name": "Hon. Were",
    "speaker_title": "",
    "speaker": {
        "id": 153,
        "legal_name": "David Aoko Were",
        "slug": "david-were"
    },
    "content": "Hon. Temporary Deputy Chairlady, I have discussed this with the Member and the definition of the word “Actuary” is lifted from the RBA Act. So, it is not controversial. When you come to the second part where he is limiting the amount that is to be paid for the extra benefits to two per cent, this is something that we also discussed and we said that if we leave it open, the additional benefits could easily eat into the Fund, and we end up having no money to pay the pensioners when they retire. So, we are capping that spending to two per cent. That is why I even withdrew the earlier"
}