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{
    "id": 810806,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810806/?format=api",
    "text_counter": 354,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM-K",
    "speaker_title": "Hon. Benson Mulu",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "The other thing is the issue of contributory scheme. The member will contribute 7.5 per cent of his salary and the employer 15 per cent. This is very important. The former councillors will not benefit. That is a challenge because we have people who were employed and nobody thinks about their retirement. We do not need to see how they can be sneaked in here but the Government needs to think seriously about a fund which can accommodate their needs. It should not be a contributory scheme because they are not employed and cannot contribute. Those are the issues which we need to consider as Members of Parliament as we move forward. In other countries, retirement schemes are a major source of mobilisation for domestic savings. Kenya is far below the expectation in terms of the percentage of the Gross Domestic Product (GDP). We The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}