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{
    "id": 810674,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810674/?format=api",
    "text_counter": 222,
    "type": "speech",
    "speaker_name": "Kipkelion East, JP",
    "speaker_title": "Hon. Joseph Limo",
    "speaker": {
        "id": 1915,
        "legal_name": "Joseph Kirui Limo",
        "slug": "joseph-kirui-limo"
    },
    "content": "Therefore, in the proposed amendments we will be making, we are proposing to ensure that there will be no mix up between the old schemes and the new schemes. We would love to have the new scheme start afresh with fresh assets and liabilities. So, the old Members who are in the old schemes will have an option of joining the new scheme so that when they retire they will have benefits from the old scheme together with the benefits from the new scheme upon closure. That is a practice even when the Government proposed a departure from defined benefits scheme to the current contribution schemes including but not limited to the Central Bank of Kenya and Kenya Power, who abandoned the old scheme and embraced the new scheme."
}