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{
    "id": 810743,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810743/?format=api",
    "text_counter": 291,
    "type": "speech",
    "speaker_name": "Kitui West, WDM - K",
    "speaker_title": "Hon. (Ms.) Edith Nyenze",
    "speaker": {
        "id": 13513,
        "legal_name": "Edith Nyenze",
        "slug": "edith-nyenze"
    },
    "content": "On the issue of trustees, I propose that the new scheme should have a corporate trustee. A corporate trustee has a lot of understanding of how pension schemes are run. On administration of the scheme, I would suggest that an external administrator who also has knowledge of how to manage the scheme, runs the scheme instead of internal administrators. In the past, external administrators did better than internal administrators. This scheme is very important because there is a new rule that pension schemes should also have a medical scheme where the employees contribute towards the scheme while still in employment. This is very commendable. The Committee can also make sure that there is a medical scheme which is contributory so that members can also have their health taken care of after retirement. With those remarks, I support. Thank you."
}