Retired Kenyan Mps will be getting atleast shillings 100,000 every month.
MPs who retired between 1984 and 2001 are set to receive a monthly pension of Ksh100,000 for life under revised changes to the National Assembly’s retirement benefits law.
The amendments proposed by minority leaders John Mbadi seek to support former MPs who he says have been earning peanuts as a pension.
The monthly pension for former MPs will thus rise from the current low of Sh2,000 to as much as Sh125,000
Mbadi said the payments won’t cost Kenyans much especially after they removed a clause that required the payments to be backdated to 2010
According to Mbadi, as of now, it will only require 144 shillings million per year to finance the payments to former MPs served between 1884 and 2001 who are around 150 in number.
The payments could be backdated to July 2010 and taxpayers cough millions of shillings to maintain the ex-MPs in retirement.
Most MPs defended the Bill and urged the President to sign the Parliamentary pension (Amendment) Bill 2019 into law.
“When you look at some of these MPs, when you see their shoes you fell sympathy for them, we must support this bill, any of us could be former MP anytime”. Minority Whip Junet Mohammed said.
On Tuesday, Kipkelion East MP Joseph Limo, then chair of the National Assembly’s Finance Committee, said the payments are long overdue.
There are concerns about the cost of pension in the country. The 2020-21 budget provides Sh126.5 billion for retirees.
Former Majority Leader Aden Duale warned the Bill could cause victimization of parliament, saying that they are already not in good books with the public.
Ndung’u Wainaina, executive director International Centre for Policy and Conflict (ICPC), said the critical question would be if the MPs were contributing to a pension scheme.
Current MPs enjoy a variety of perks including car loans, a 20 million shillings mortgage facility, and a raft of allowances.