Staff super, distrust

Press, Volume CXIV, Issue 33514, 20 April 1974, Page 3

Staff super, distrust

(•Veil' Zealand Press Association WELLINGTON, April 19. Many Air New Zealand staff were seriously considering resigning from the company before the New Zealand superannuation scheme began on April 1 next year, the airline submitted today to the Parliamentary committee hearing on the Superannuation Bill.

“Such action would be't foolhardy but perhaps it i demonstrates dhe feeling of t

luistrust that the Govern-' Intent’s proposals have generated among those who., without any compulsion by' the Government or other agency, have voluntarily un-i dertaken to do what the ; Government now has decided is essential for all workers,”! the submission said. It especially attacked the Bill’s provision that even lexisting contributors to lump■sum schemes will be limited Ito the level of contributions they are making when the : scheme begins. Air New Zealand said the: !simple answer would be to! permit existing lump-sum ; schemes to continue but not Ito restrict contributions. The Opposition failed today :in its bid to have the Select ICommittee cease its hearing !of evidence on the Bill. i Mr G. F. Gair (Nat.. North Shore) proposed that the hearings should stop until The Government produces its' ! planned changes to the Bill.: But at today’s sitting of i the committee Mr Gair’sl was lost — Opposi-i it ion members voting for it.! and Government members, against. '