TO BE INVESTIGATED.
SUPERANNUATION FUNDS. (Per Press Association.) WELLINGTON, March 7. The Prime Minister has issued the following statement:— ••As pointed out m the last Budget, the financial position of the State superannuation funds, i.e., the Public Service, railways, and teachers' hinds.' is far from satisfactory. In . accordance with the proposal contained ill the Budget; it lias now been decided to set a committee to investigate the position and report to the Government on the state of the funds, and generally what action is necessary to place superannuation for the (Public Services on a sound and satisfactory footing. The committee will consist ol the following:—The Public Service Commissioner (chairman and convener), the financial adviser to the Government, and three others, one to b c appointed • )>>' each of the three superannuation hoards concerned.
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Bibliographic details
Ashburton Guardian, Volume 50, Issue 125, 8 March 1930, Page 7
Word Count
132TO BE INVESTIGATED. Ashburton Guardian, Volume 50, Issue 125, 8 March 1930, Page 7
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