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{
    "id": 489561,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/489561/?format=api",
    "text_counter": 1143,
    "type": "speech",
    "speaker_name": "Hon. Gichigi",
    "speaker_title": "",
    "speaker": {
        "id": 1909,
        "legal_name": "Samuel Kamunye Gichigi",
        "slug": "samuel-kamunye-gichigi"
    },
    "content": "Hon. Temporary Deputy Chairman, what NSSF members wish to do is open a section or a service where its member can decide to take his money and buy an annuity from an existing insurance company for purposes of earning an interest, as negotiated. The NSSF wishes to establish that section, so that a member can decide to retain his money and buy an annuity from the NSSF. So, members will have the option of either going to invest their money in an insurance company and earn an interest or buy the same annuity from NSSF, negotiate for an interest and be getting it from the NSSF. So, this amendment simply seeks to give the NSSF the capacity to establish that particular section. It is not about detaining workers’ money. Workers have the option of moving out with the money or retaining it with NSSF."
}