SUPERANNUATION.

Dominion, Volume 2, Issue 321, 7 October 1908, Page 6

SUPERANNUATION.

THE POLICE AND THE PROVIDENT FUND. The following circular from the police, suggesting tlio postponement of the l'ublio Service Classification and Superannuation Bill, has been forwarded to certain members of Parliament 1. The p'blico having, without any subsidy from the Government, established and maintained a Superannuation Fund, the credit balance of which now stands at £30,500, Oii terms which were embodied. in an Act of Parliament, viz., the Police Provident Fund .Vet, 1899, should be consulted on the qiies- ; tion of transferring their £80,500 to another fund, considering that the police have, within the past nine years, . saved the Government the sum of £18,000 in lieu of compensation for members of tho force already. on tho fuud. 2. The new Dill, while providing-that contributors may, within six nidriths, elect to remain under the existing conditions, makes this impossible by abolishing their board and transferring their money to another, and, in the opinion of iriany, less st-ablo fund.. 3. Tho.proposal to merge tho Polico Fund in tiie Public Service Fund having bfeen brought, down .with so' little notice, the polico desiro to urgo its poUpimeiiifcnt, in order that they might become more familiar with tho scope of the Dill and fully discuss their position. .... If tho Dill is not postponed, the following amendments are suggested:— • . (1) Section 56 should bo deleted, the question of medical unfitness being most unsatisfactory; -(2) (a) A contributor should retain the right to retire at 60;. (b) A contributor should have tho right to retire ofter 36 years' service. (3) In cases where tho official head-of the Department .allowed members of tho'force "back-service" prior t& the passing of tho Polico Provident Fund Act, 1899, such service should be .allowed for the purposes of pension. (4) The rate of contributions of men who joined the Polico Provident Fund between the ages of 35 and aiid 40, or between tho ages of 45 and 50, should not be increased as proposed by the Dill. RESOLUTIONS ELSEWHERE. (ur tri.?<;ua.vu—-pkksb association.) Auckland, October 5. A largely-attended meeting of the Aucfei land police force discussed the Superannuation Dill. Strong exception was taken to the. extension of the retiring age from .60 to Co years; also to Section 56, dealing with the re-employment of members who had res tired medically unfit, to the repeal of tho polico provident fund, arid to the transfer of assets without members having been consuited. IfiX TELEOBirn.—SrECIAI. CORRESPONDENT.) Napier, October 6. At a meeting of the Napier and East Coast police force, held this evening, it was decided to endorse tho resolution of the Wet lington police in reference to the Public Service Classification and Superannuation Amendment Dill,, and to suggest that the ' best means of fully considering the Government proposals would bo to have a representative meeting of delegates from all police districts in tho Dominion.