Members of parliament have veen asked to sybmit the Bio data on their families lest they will not be in position to access their parliamentary pension scheme benefits.
While addressing the parliament during Wednesday sitting, Speaker Rebecca Kadaga warned that MPs who have so far failed to submit in their databases would have their families grapple with processing pension in case of any calamity befalls.
Kadaga said on many occasions, some MPs have died and Parliament doesn’t have contacts of people to communicate to.
“I received information from the Parliamentary Pension scheme that a number of MPs haven’t updated their data base. It is extremely difficult to work on their pension. We have very many who have provided insufficient information,” Kadaga said.
She appealed to legislators to update all details of their families so that in case of any tragedy the scheme would be in position to reach out to the concerned persons for help.
The parliamentary pension scheme is a social security entitled to all members of parliament to benefit them and their families in their retirement or in case of any disastrous circumstances.
In February,2020, the scheme reported an assets growth of 25.7 per cent from shs204.55 billion in 2018 to Shs257.21 billion improving its financial and investment capacity.
Nightingale Mirembe, the Scheme’s Chief Operations Manager said that the growth is attributed to an increase in member contributions, returns on investments in the equity market and the employment of a new risk management policy.
This was during the Eighth Annual General Meeting of the Parliament Pension Scheme on 21 February 2020.
