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{
    "id": 810814,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810814/?format=api",
    "text_counter": 362,
    "type": "speech",
    "speaker_name": "Butula, ODM",
    "speaker_title": "Hon. Joseph Oyula",
    "speaker": {
        "id": 13313,
        "legal_name": "Joseph H Maero Oyula",
        "slug": "joseph-h-maero-oyula-2"
    },
    "content": "First, this is a defined contributory scheme which provides social security benefits to the members. The Bill covers all the employees of the county governments. Therefore, they stand to benefit when they reach the retirement age. The Bill lays down a very good administrative structure which will ensure the security of the contributions. The trustees will be appointed by the CS for the National Treasury, who has the authority to fire, if there are any misdeeds among them. The structure also brings a Chief Executive Officer who will be the accounting officer for the scheme. We need an accounting officer who can answer any questions that are raised by the public. So, that is taken care of. The Bill also takes care of the fund manager and the administrator. That structure assures the contributors of security."
}