Aden Bare Duale

All parliamentary appearances

Entries 6191 to 6200 of 17810.

• 3 Jul 2018 in National Assembly: include opening and maintaining members’ accounts, receiving contribution and crediting members’ accounts, paying retirement benefits and, above all, providing updates to members. view
• 3 Jul 2018 in National Assembly: The custodian, the administrator, and the fund manager have distinct roles and functions. Section 26 has issues that this House must address itself to. It is about contribution to the Fund. This is where we need the input of our colleagues who have a background in trade unions and pension funds. The section sets the employees contribution at not less than 7.5 per cent of the employee’s pensionable emoluments, that is, the basic salary excluding housing, transport and any other allowances of fluctuating emoluments. So, 7.5 per cent of that will be the contribution. The same section allows the employer’s ... view
• 3 Jul 2018 in National Assembly: Hon. Deputy Speaker, can you ask the Member for Kisumu East to consult with the Leader of the Minority Party in low tones unless they are speaking Gujarati which I know Hon. Mbadi does not speak. view
• 3 Jul 2018 in National Assembly: Dholuo, yes. They have a common language. In Luo, you speak in low volume so that Hon. Wamalwa can listen. view
• 3 Jul 2018 in National Assembly: Hon. Deputy Speaker, there are so many ethnic groups in this House. We are told we have left Gujarati and we are now in Suba, a very serious community to which a very serious Member, Hon. Millie Odhiambo, belongs. I served with her in the 10th Parliament. We support her community. Part V deals with the source of monies for this Fund that is being established under Section 8 of the Bill. This mainly is the contribution from employees and employers. The income that would come from the investment that the pension firm would be involved would be monies from ... view
• 3 Jul 2018 in National Assembly: Treasury to bring regulations to the House to ensure that carrying out of these provisions is better. view
• 3 Jul 2018 in National Assembly: Part VII which is the last part provides for savings and transitional provisions. The current and existing funds out there should not worry us. This Bill talks about how to create savings and a transitional clause which clarifies who qualifies to join. view
• 3 Jul 2018 in National Assembly: Section 55(A) exempts from the scheme, employees of the National Government whose remaining period of service is five years or less. So, if you have five years or less to retirement, then you will be saved from being a member of this scheme. Of course, employees of local authorities who are members of the Local Authorities Pensions Trust Fund (LAPTRUST) and those whose remaining years of service is five years or less shall instead have their pension paid under the provisions of Legal Notice No.50 view
• 3 Jul 2018 in National Assembly: This Bill has a schedule which provides for the procedure for the conduct of business and affairs of the board of trustees. This Bill also provides for a more superior regulatory framework for county pensions and facilitates pooling funds that can provide financing for the Government’s Big Four Agenda. Resources found at pension funds are part of the funds that are available to Government and even to the private sector in making sure that we have enough resources to draw from, to finance the Government’s Big Four Agenda. I therefore urge Hon. Members to support this Bill. I beg to ... view
• 3 Jul 2018 in National Assembly: With those many remarks, I beg to move and ask Hon. Limo to second. We will see whether when we come back from recess, the House will be in a position to merge those two Bills or deal with them separately because the Chair has dealt with both the Private Member’s Bill and the Government Bill independently. Either way, we will agree with the Committee on which way to go, whether we support this Bill, harmonise or allow both of them to move. view