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Pensioners to receive pension at time of retirement, reads proposed bill

Pensioners to receive pension at time of retirement, reads proposed bill

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Home Featured

Pensioners to receive pension at time of retirement, reads proposed bill

by Isaac Senabulya
May 14, 2018
in Featured, Latest Uganda News, Laws, Laws of Uganda
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Pensioners to receive pension at time of retirement, reads proposed bill
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A section of Members of Parliament have supported the proposal for government to bring a bill before parliament that will enable pensioners receive their pension at the time of their retirement.

The parliamentary committee on public service and local government recommended to parliament a bill known as the Public Service Fund Bill to enable government contribute a certain percentage of money to each public servant to have his or her pension cleared at the time of retirement to eliminate the issues related to pension arrears.

The Member of Parliament for Mityana district, Judith Nabakooba said that she will support such a bill once it is before parliament to have a solution to clearing pension accumulation.

She noted that if such a law was in place about 70,000 veterans could have not demanding pension arrears by now.

The Member of Parliament for Mawokota South, John Bosco Lubyayi Seguya said that this bill in offing will be good to stop retired civil servants in villages suffering while looking for their pension.

He however said the bill should be with a clause guiding the retired civil servants on how to spend such pension money.

He said that such funds should be given to pensioners in phases to avoid them investing it in projects that will make them losses and go back to zero.

The Member of Parliament for Lira district Joy Atim Ongom said that this is a good initiative of government contributing to a pensioners saving but is worried of government officials diverting such funds for their selfish interest.

ALSO READ: Members of parliament oppose new taxes introduced by government

RELATED: Kadaga orders Gen. Tumwine to vacate nnomo gallery

 

Tags: Judith NabakoobaMember of Parliament for Mityana districtPublic Service Fund Bill
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Isaac Senabulya

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