CIVIL SERVANTS' CLAIM.

Dominion, Volume 1, Issue 97, 17 January 1908, Page 8

CIVIL SERVANTS' CLAIM.

'DEFECT.. IN SUPERANNUATION. - »'.Aboufc. 500 applications-ha.vo .so far,; been frqni. members of >!.th'e.- '46. •. depart, imentii come '..nhderi.'the'' now .Civil' Service Superannuation, .scheme! r'»:. The majority of .Civil';SerT»nts.:-'are - ;,cpin-. i .piilsorily insured, and. ?pme ,ef.':them*'express , considerable dissatisfaction ;'with -.'the 'clauses • of'tHe. 'affoet' : their ;Prc's6n(i-irißu'rance ) ;'m''the v eVSnt'qf tlibir.'-do-cidiiig, to.' come under tile ./new 'scheme. 0 Ac- . cording to' their lenßtlV of . so'rvicoivCiyil. Ser-.' ' -vants' 'aroVihsured-'' under the:'regulations: of' 'the' Civil Sorvicis' Reform Act, ?1889; .''br.the . Civil .'Service IrisuiaiSco: "Act,--. 1893 L' V v.Ts"rider 'the ~5. percent;' i? deducted!- fronv - [each,. officer! 6 :;-salary,. -iwhethor ;• he ;'will'-,dn t no, ■and is' .paid to the;. Public':Triistee .to r.bev.ui; Vbstcd«tqr his .benefit.." ;(W'tien' v ' '.tlip"..officer leaves' tlie' ..service;' this; money Sb'ecbMes * his- . ip'ropdrty 1 ; . or, if •• bo ~dies,': i t-'riiay.be'• paid liy the 'Public 'Trustee ;to : .the; person', ho'.wisl)es;'^6 v leave:.it. .V: , 1 : ;' - . ' : ■ : ENTITLED; TO FULL AMOUNT!. , The man.who .is insured' under this. 'Act, or] under ;the 'Port" and'.Telegraph' Classification and.-Regulation Act-,, will 'have • nothing, to complain- of when ho joins the Superannuation; ..Iftind.' Tho'new Act provides''that When lie becomes a. contributor the-deductions from his salary for-insurance 1 "shall thereupon conse, and the amount in' ; the-hands of'the Public Trustee to his' credit by'virtue of either of such Act's shall' be ini vested. independently of -the fnnd -for t-JiA benefit of the contributor,- and shall, on,his retirement, or doath, be.paid as provided by such Act, in addition to the benefits to ; which ho is,entitled..under this/Act.", V; ; ,-Thafc- is very''satisfactory,,'but some of the .. men who came-later into tlic Civil Service, i and' . wli'oso compulsory insurance is under the Act qf 1893, '.we not .so, well , satisfied. In t-Koir caso.it is provided, that'on.becoming contributors to the : Superannuation -Fund, . they shall be entitled; at their option• . (a) To keop the policy alive ihdepondcntly : of the Superannuation Act; or*; 11 • ,i , (b) To surrender the.,policy and have the i .surrender- valuo thereof ilaid/ to ;the' Public i Trustee, to bo invested independently of, the fund, and to be. paid, -together with all iri- ■ tciest accrued-thereon; to the .contributor, on" his -retirement, or to his porsohal rep'resenta- , tives on his death; or. i (o) ,To surrender; the.policy >and-.t0,-recqive the' .equivalent :of'- its -surrender value -in the form of a-paid-up policy,-.fbllo'wirig-the'-tefiis ; and' conditions of - the surrendered 'policy,' br ■i such ai)d /cfatiitipris :%$' injiy'ljo • mutually agreed lipoh' .between ' the'..;pblicy- , hbldor'..'and'..the':.Government'lnsurance;.Coiri- |' missio'ner.- - : y , I 'Theioption conferred .by.thf), last'sub-sectipn i may bei|Ox'ercised\by the'policy-holder atany • time after :he;becomes',a contributor,- iind' it . is'provided that , tlie Governor in Council may j. at.- any: time' direct that 'the :\yhb|e I part : -'of tbo money ■ standing. to;'tlie! ered it'" ; of any contributor "under' citlicr'-'Act shall; be . paid^-to' him.' ■ ! VALUE NQT- ) Many : officers . feel .that, ,'it would ..-Be ' top. , largo q : tax.-'upon their" sajaries tp pay.-intb ' both',.,the; insiira'nco and, .the superannuation !' furids;iit* the- SMiio, time, while' they 'are--'no. •• mq'ro -plejiscd.-vfitji''' tfie '•'.-alfiwhatire- .. ofc re-- ; c.eivihgitlie mere.,surrendei; value :df.. a policy 1 ' which; :the .G.qvemnic.iit.. 'conijibHed -.them.- to. f. takq • up'. ;> ; They ; . feci •-.•tliat' should, vbb '' br.ouglit''intq.. line 'with,those., wbb•are:insured 1 under the. older Acts, their- policies'..''-being 1 quashed,,. and : .;.jihe-;.entire amount.,;tp.l'eacn man's-credit' being handed .over tqvthc, public 5 Trustee'to be invested'for his bciiefitj or the ". benefit, of his heirs'. '.' !.. . It'is understood that tho, wholo question 1 is likely ..to be discussed by. the- Civil-Service 1 -Association,' and that rccqmmendatious'.tnaV ' be,'-made : to the Govenvnieiit for an'amendment of the law neit session in the'directibn . indicated. '? " /