Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 834635,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/834635/?format=api",
    "text_counter": 376,
    "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": "THAT, Clause 26 Bill be amended— (a) by renumbering Clause 26 as 26(1); and (b) in sub clause (3)(b) by deleting the words “fifty per cent of his or her sponsor’s contribution” and substituting therefor the words “the sponsor’s contribution as may be prescribed by the Retirement Benefits Authority”. This is just housekeeping on numbering because we have Clause 26 and then 26(2). Therefore, we should introduce 26(1) so that we can move in sequence. This will be reasonable. This particular amendment is to be in compliance with the requirements of the Retirement Benefits Act. It says that where a member leaves employment within one year, they should be refunded all their contributions together with the sponsor’s contribution. However, the Bill states they should be refunded plus 50 per cent of the sponsor’s contribution. Then the balance should be invested until later when it is paid. Therefore, the Act does not allow this, but says within one year after leaving employment, the employee should be refunded everything."
}