Object of the Bill
The object of the bill is to amend the Parliamentary Pensions Act, 2007, Act No. 6 of 2007 to;
(a) make the Parliamentary, pension scheme a body corporate with perpetual succession and a common seal;
(b) provide for additional powers of the board of trustees;
(c) provide for continuity of the Board membership;
(d) change the pensionable period of service from five years.
(e) provide for additional voluntary contributions;
(f) include the staff of the scheme as members of the scheme;
(g) change the duration for actuarial valuation from five years to three years; and
(h) provide for payment of trivial pension.
Bill Document
Other Attachments
1 | The Parliamentary Pensions (Amendment) Act, 2015.pdf | ||||||
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2 | LPA3-15-Report on the Parliamentary Pensions (Amendment) Bill 2014.pdf | ||||||
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3 | CERTIFICATE OF FINANCIAL IMPLICATIONS FOR THE PARLIAMENTARY PENSIONS(AMMENDMENT) BILL, 2014 10-09-2014 Laid Document.pdf | ||||||
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The Parliamentary Pension (Amendment) Bill, 2014
Sponsored By Hon. Akol Rose Okullu (Mp, DISTRICT WOMAN REPESENATIVE)
Committee: The Committee on Legal and Parliamentary Affairs
Start
First Reading/Committee
Bill is still at First Reading, the first reading being the first stage of a Bill passage through the Floor of Parliament and is usually a formality, it takes place without debate, and the first reading of a Bill can occur anytime in a parliamentary session.
Second Reading
Bill is in the second stage. The second reading is the first opportunity for MPs to debate the main principles of the Bill. It usually takes place up to 45 days after the first reading. Once second reading is complete the Bill proceeds to committee stage where each clause (part) and any amendments (proposals for change) to the Bill may be debated.
Third Reading
Parliament is passing the Bill. The third reading is the final chance for the Members of Parliament to debate the contents of a Bill. Here debate on the Bill is usually short and limited to what is actually in the Bill rather than, as at the second reading, what might have been included.
Presentation/Waiting Assent
Waiting for Assent. Bill is waiting for the President to assent to it. When the Floor of Parliament has passed a Bill, it shall be presented to the President, and the President shall declare either that he assents to the Bill or that he withholds assent.
Assented by President
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
End
Bill passed on 12/10/2015
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
Bill Withdrawn on 01/01/1970