Isaac Waihenya Ndirangu

All parliamentary appearances

Entries 431 to 440 of 488.

• 3 Jul 2018 in National Assembly: Thank you, Hon. Speaker. I had five minutes to finish my contribution which I was making last Thursday. So that Members can appreciate the problem we have in… view
• 3 Jul 2018 in National Assembly: This question of Ruaraka land brings to the fore the problem that is facing almost all public secondary institutions in this country. When a proprietor of a piece of land seeks its subdivision, one important policy he or she has to comply with is to surrender 10 per cent of the said land so that it can be dedicated to public utility. This is what Ruaraka Secondary School and Drive-In Primary School had to go through. The 13.5 acres were surrendered as public utility. It indicates that the Nairobi City Council, which was then the trustee of public utilities, did ... view
• 3 Jul 2018 in National Assembly: Thank you, Hon. Deputy Speaker. I rise to support this Bill. In so doing from the outset, let me indicate this is a culmination of consensus from all stakeholders involved in county government retirement scheme. It is also a product of the Cabinet sitting under the leadership of His Excellency the President. The most important and critical stakeholders in this Bill are the workers of the county assemblies, the Members of the County Assemblies (MCAs), the County Executives (CECs) and governors themselves. In the past, the key players of retirement benefits in the local scheme have been LAPFUND and LAPTRUST ... view
• 3 Jul 2018 in National Assembly: As you know from the economies world over, pension schemes are very important sources of capital even for infrastructure development. For example, our Agenda Four plan. If we had very good and solid retirement benefit schemes, we would borrow heavily from their assets. The truth of the matter is that the pensions industry in Kenya controls over Ksh800 billion worth of assets which is almost 12 per cent of Kenya’s Gross Domestic Product (GDP). view
• 3 Jul 2018 in National Assembly: This Bill seeks to provide for the establishment of County Governments Retirement Scheme to provide for payment of retirement benefits to members of the scheme. Every member of the scheme will receive his benefits as and when they are due. It also seeks to assist in the improvement of social security for members and for them to save for their later livelihoods. It also establishes a uniform set of rules, regulations and standards for the administration of pensions and retirement benefits. view
• 3 Jul 2018 in National Assembly: One of the important aspects envisaged in this Bill is its clear policy of governance. It is clearly guided by the Mwongozo spirit which is the policy guidelines of all parastatals in Kenya Government bodies and Semi Autonomous Government Agencies (SAGAS). This Bill provides for specialisation in all matters of management from human resources to finances et cetera . It seeks to create the function of fund manager who will specialise in the implementation of investment policy of the scheme as approved by the board. We will also have a custodian as created by Clause 24 who will be charged ... view
• 3 Jul 2018 in National Assembly: While we were listening to the stakeholders, very important recommendations were brought to our attention, particularly touching on the transition and the handling of liabilities when these companies are folded up and wound up into one. So, at a later stage, Members will be able to pronounce themselves on these recommendations so that we can grant the workers of all the 47 counties of Kenya a reliable futuristic pension scheme that will be fresh and free from liabilities and burdens of the past. view
• 3 Jul 2018 in National Assembly: With those few words, I beg to support. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 3 Jul 2018 in National Assembly: (Off record) view
• 28 Jun 2018 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. view