SUPERANNUATION

Evening Post, Volume XCVI, Issue 41, 16 August 1918, Page 3

SUPERANNUATION

AMENDED REGULATIONS.

In last night's Gazette are published amended regulations under, the Public Service Classification and Superannuation Act, as under : —

Every contributor whose salary is temporarily stopped on the ground of ill-health (a) For the first three ■months of any such period contribute at the ordinary rate payable by him, and for the balance of such period at one-third of such ordinary rate, and thereafter at the ordinary rate of contribution ; or (b) cease to contribute to the fund while his salary is so stopped, and thereafter contribute by way of deduction from his salary an additional amount, being not less than his ordinary contribution, until the additional contributions so paid are equal in amount to the payments which would have been made had he elected to contribute un- = der the last preceding paragraph: Provided that.in the event of. the. retirement or death of any contributor who has elected to come under paragraph (b) hereof the arrears (if any) of payments shall be deducted from any allowances ■payable_ out of the fund on account of the? retirement or 'death of such contributor.

In any case where the salary of a contributor is or has been temporarily stopped as aforesaid the board may by resolution modify or vary the terms of payment of contributions under this regulation in such manner as it thinks fit.

Evory contributor whose salary is temporarily stopped for any other reason than ill health, or who is for any period on leave of absence without salary or at. a .reduced salary, shall continue to contribute to the fund at the ordinary rate theretofore payable by him.

If any such contributor is, at his retirement or death, in arrear with the payment of his contributions, such arrears shall be deducted from any allowances payable out of the fund on account of the retirement or death of such contributor