The family of former Kibra MP Ken Okoth will get Sh32 million from Parliament. The amount includes his group life insurance cover and death gratuity.
The family will however have to wait for some time since Parliament must first get a letter from the courts indicating the administrator of the late MP’s estate.
“Yes the family is entitled to Sh32 million before tax, but we are not releasing the money now. We have to follow the law, which requires that we have to first get the letter of the administrator of the estate,” a pension expert averred.
“If the family agree on how to share the money, the name of the administrator must be published in the Kenya Gazette, so that anybody with an issue can come up,”
The deceased’s brother, Mr Imran Okoth, however did not want to discuss the matter terming it private and that the family lawyer is best placed to handle it.
“I don’t know why they are telling you the amount and all that. Why would they do that yet these are personal matters?” he said.
Drama arose after Ken’s death after his baby mama came forth and demanded to be included in the internment plans as well as her son to be included in dad’s property sharing.
Lawmakers contribute 12.75 per cent of their salary as pension, which is matched by the State. The legislator’s pensionable emoluments include salary, responsibility allowance, constituency allowance, nominated member’s allowance, ex officio member’s allowance, house allowance, accommodation allowance and sitting allowance.
In March 2013, the SRC gazetted a remuneration package for MPs that included a gratuity calculated at the rate of 31 per cent of the annual basic pay. It is paid at the end of their term.
The Parliamentary Pensions Act stipulates that only those who serve for two terms or more are entitled to a monthly pension of at least Sh125,000 for the rest of their lives.
The law provides that those who serve less than two terms get a refund of their contribution, with an annual 15 per cent interest.
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