SUPERANNUATION SCHEME
FARMERS SEEK BENEFITS FOR ALL A superannuation scheme with benefits to all contributors regardless of their income is desired by the North Canterbury District of the New Zealand Farmers’ Union. The annual provincial conference yesterday passed the following resolution, moved by the Cust-West Eyreton branch:— “That this conference recommends the Government to establish a compulsory superannuation scheme, the benefits to apply to all contributors regardless of income on reaching the age of 60 years or previous incapacity, and the contributor’s or his beneficiaries’ interest in the fund to be inconvertible for any purpose whatever. “It is recognised that it may be necessary to increase the contributions of or limit the benefits payable to contributors according to the age at which they commence paying into the fund.
“It is recognised also that below a certain minimum income an old age pension might still require to be paid as at present to certain persons commencing contributing to the fund at a late age.”
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Press, Volume LXXIV, Issue 22418, 3 June 1938, Page 14
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163SUPERANNUATION SCHEME Press, Volume LXXIV, Issue 22418, 3 June 1938, Page 14
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