LOW MAXIMUM.

Auckland Star, Volume LXVI, Issue 250, 22 October 1935, Page 9

LOW MAXIMUM.

PENSIONS OF PROFESSORS. LOSS ON CONTRIBUTIONS. A grievance by university professors that they are compelled to contribute to a State superannuation fund was mentioned again at a meeting of the council of the Auckland University College yesterday and the matter was left in the hands of the president, Mr. T. U. Wells, and the registrar, Mr. M. R. O'Shea, who are to attend a conference at Wellington this week.

The Minister of Education, Mr. Smith, in a letter, said that the situation of the professors was not unique and was similar to men with high professional qualifications entering the public service at a comparatively late age. He said that a comparison of the benefits obtainable from an insurance company was not justified. Professor P. W. Burbidge contended that a comparison between university teachers and a particular class of public servants was not justified, and it was evident that the fund made a substantial profit at the professors' expense. It was contended that if university contributors could not be treated in the same way as members of the public service in general, their contributions should be reduced to a sum which would be sufficient with the State subsidy to produce the present maximum pension of £300 a year.

Business girls' luncheon, Tuesday, October 29, at 1 p.m. Bookings now open.—Ground floor inquiry office, Milne and Choyce, Ltd. —(Ad.).