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{
    "id": 853031,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/853031/?format=api",
    "text_counter": 186,
    "type": "speech",
    "speaker_name": "Mbeere North, JP",
    "speaker_title": "Hon. Charles Njagagua",
    "speaker": {
        "id": 2336,
        "legal_name": "Charles Muriuki Njagagua",
        "slug": "charles-muriuki-njagagua"
    },
    "content": "law. Any trustee appointed will serve for a term of three years and is eligible for renewal of his term for a final term of three years. Since the money and the resources of the board are limited, the trustees will serve on part-time basis. Members of this scheme will be contributing 12 per cent of their pensionable emolument while the sponsor who is the employer will contribute 15 per cent of the member’s pensionable emolument. In total, the scheme will be receiving about 27 per cent of the workers’ pensionable emoluments. This will go a long way in assisting such contributors and members in their retirement age so that we do not have a situation where when a member retires, he is unable to meet his basic obligations."
}