Junior employees use MCAs to fight seniors on mortgage
What you need to know:
- MCAs and junior employees will be meeting on Monday to decide on the representation of the scheme and proposed amendments before it is returned to the assembly.
- Most of the junior staff want the running of the scheme to be given to a qualified financial institution which they say would be a fair judge in giving out mortgages to members.
Junior employees of Laikipia County assembly have successfully lobbied MCAs to shelve the adoption of regulations that give their seniors control of a mortgage scheme.
This is the first time that the scheme is being operationalized and has been allocated Sh32 million in this financial year.
The county assembly’s 60 employees will borrow at an interest rate of three per cent.
Last Thursday, the assembly employees jammed the chamber’s public gallery as the MCAs debated the regulations that would help run the scheme.
“The amount is not much because this just a beginning, but I am happy that this scheme is finally starting and we will build on it,” Speaker Patrick Mariru told the Nation.
He said the scheme was not for the MCAs but for members of staff and it would only be fair to incorporate representation from all cadres.
MCAs and junior employees will be meeting on Monday to decide on the representation of the scheme and proposed amendments before it is returned to the assembly.
“The meeting on Monday is a form of public participation to listen to the employees since this is their scheme,” Mr Mariru said.
“Somebody like the assembly clerk qualifies for up to Sh25 million while the directors can get up to Sh16 million. There won’t be enough for us to borrow if they are the ones at the helm,” an employee who declined to be named for fear of being seen to antagonize her seniors, said.
Most of the junior staff want the running of the scheme to be given to a qualified financial institution which they say would be a fair judge in giving out mortgages to members.
