2012 wrote:I agree with Mr Odongo's job cuts programme. NSSF collects 6.8b per annum (remittance) and 5.2b goes to administrative costs? That doesn't even begin to make sense!
Yaani I'll be contributing pension for others to eat. Hell no, not now. Am totally pissed off.
I would prefer the bill to be amended to allow those currently in occupational pension schemes to be exempted.
But unfortunately they are salivating on these billions.
Until such a time that their expenditure is less than 10 per cent of investment income, they should stay away from my money.
Democracy does not belong to the dead