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{
    "id": 872788,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/872788/?format=api",
    "text_counter": 401,
    "type": "speech",
    "speaker_name": "Sen. Cheruiyot",
    "speaker_title": "",
    "speaker": {
        "id": 13165,
        "legal_name": "Aaron Kipkirui Cheruiyot",
        "slug": "aaron-cheruiyot"
    },
    "content": "Madam Temporary Speaker, I can see that Sen. Mutula Kilonzo Jnr., has crossed the Floor, and it is good for his party leader to note that he now sits on this side of the House. I agree with his framework of thinking, but do not share his view that anybody who would have a different view to the merger can do so based on the words that he used; ‘vested interests’. I do not think that is accurate. We must always encourage the principles of democracy that appreciates that at different times, we may hold different views, but it is not necessary, due to vested interests. It is just about who we are, and maybe that has a lot to do with your training as a lawyer as opposed to those of us who come from a social science background, where we know that human beings are different and their perception and appreciation of life issues varies from one to the other. I have taken time to read and also listen to the explanation being given by those who are opposed to the merger of the two entities. The major point that they raise, unfortunately, though not tried in Kenya, but in other jurisdictions where pension funds are left to compete with each other, so that you ensure that there is maximum return on those that have invested. Of course, when you pull together resources as this Bill is proposing--- The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}