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{
    "id": 925089,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/925089/?format=api",
    "text_counter": 73,
    "type": "speech",
    "speaker_name": "Trans Nzoia CWR, JP",
    "speaker_title": "Hon. (Ms.) Janet Nangabo",
    "speaker": {
        "id": 1076,
        "legal_name": "Janet Nangabo Wanyama",
        "slug": "janet-nangabo-wanyama"
    },
    "content": " Thank you, Hon. Speaker. Pursuant to Standing Order 43, I wish to raise a matter regarding the need to streamline the pension system in the country. A timely call for saving for retirement is to plan for your future expense. It is believed that approximately 11 per cent of Kenyans rely on pension schemes after retirement. Therefore, the remaining 89 per cent of the employees have no pension plan, placing pension savings in the country below the expected threshold. I am also concerned that many pensioners and their next of kin will not know how much was saved over a period. Furthermore, following up of the benefits, especially by the next of kin, is a big challenge and it takes a long period. Some cases even take more than 12 years to resolve, leading to loss of lives and property. I therefore urge the Government, through the Ministry of Labour and Social Protection, to address this matter so as to enable retirees to enjoy their time after serving the country in different capacities. It is against this background that I seek your indulgence to raise this matter during today’s Zero Hour. Thank you, Hon. Speaker."
}