MP pension scheme for next year
THE Parliamentary Pension Scheme (PPS) will start on July 1, 2006 and will benefit legislators in the Sixth and Seventh Parliaments.
By Josephine Maseruka
THE Parliamentary Pension Scheme (PPS) will start on July 1, 2006 and will benefit legislators in the Sixth and Seventh Parliaments.
State minister for public service Patrick Okumu-Ringa said the rates had been fixed at 5% MP’s contribution and 10% from the Government, as opposed to an earlier suggestion of 6% and 12% respectively.
Okumu, flanked by state minister for pensions, Benigna Mukiibi, was yesterday defending the ministry’s policy statement before the public service and local government committee.
He, however, said the matter was still contentious as to how the 5% would be collected, since public servants’ pensions are based on their gross pay.
He said the matter would be decided upon by the parliamentary commission, chaired by Speaker Edward Ssekandi, the Ministry of Finance and the line ministries of Public Service and Local Government.
Okumu said the decision to begin with the Sixth Parliament was reached by President Yoweri Museveni in 2003 and was maintained by the Parliamentary Commi-ssion.
Dr. Steven Malinga (Butebo) was opposed to setting the 5% and 10% MPs and government contribution to the scheme, saying it should not be standard since they had to adjust according to the inflation.
Geoffrey Ekanya (Tororo) said the scheme was meant to save legislators from committing economic suicide.
THE Parliamentary Pension Scheme (PPS) will start on July 1, 2006 and will benefit legislators in the Sixth and Seventh Parliaments.
State minister for public service Patrick Okumu-Ringa said the rates had been fixed at 5% MP’s contribution and 10% from the Government, as opposed to an earlier suggestion of 6% and 12% respectively.
Okumu, flanked by state minister for pensions, Benigna Mukiibi, was yesterday defending the ministry’s policy statement before the public service and local government committee.
He, however, said the matter was still contentious as to how the 5% would be collected, since public servants’ pensions are based on their gross pay.
He said the matter would be decided upon by the parliamentary commission, chaired by Speaker Edward Ssekandi, the Ministry of Finance and the line ministries of Public Service and Local Government.
Okumu said the decision to begin with the Sixth Parliament was reached by President Yoweri Museveni in 2003 and was maintained by the Parliamentary Commi-ssion.
Dr. Steven Malinga (Butebo) was opposed to setting the 5% and 10% MPs and government contribution to the scheme, saying it should not be standard since they had to adjust according to the inflation.
Geoffrey Ekanya (Tororo) said the scheme was meant to save legislators from committing economic suicide.