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SECURITY SCHEME

GENERAL OUTLINE

INCOME LIMIT OF £312

Amplifying his statement last week that the scope of the Government's . social security proposals would be even wider than when they were originally announced, the Prime Minister (the Rt. Hon M. J. Savage) said on Saturday that the first intention had w been to.pay to a man and his wife at th the age of 60 years 30s a week each Pi and to make no deductions on account Li of a joint additional income of £1 a b< week. This would have allowed a total te income for a superannuated married hi couple of £208 a year. _ a "The necessity for widening the scope has arisen because of the fact that under the original scheme lower- st paid contributory to existing superan- pi nuation schemes would have been required to pay the social security contribution but, owing to income limitations, would not have received Ml se benefits," Mr. Savage continued. Ac- 0 J cordingly we have decided to increase a] the allowable income on a slidin Q scale so that in cases such as I have mentioned there will be an annual in- ci come, including State superannuation, of £312." U STEP NEARER THE GOAL. d Full details of the rates of payment w to superannuitants would be included y in the Bill to come before Parliament, d and he himself was satisfied that the new proposals were an appreciable step nearer to the ultimate goal of u universal superannuation. There a would be a graduation of benefits n above £208 in certain cases, but contributions - would not be graduated. « They would be made at a flat rate of & Is in the £. ■ n "Attention is also being given to the health side ,of the proposals," Mr. Savage added, "and a scheme is being P shaped for the payment of sickness benefits in the event Of short illnesses. S( I am more confident than ever that the whole scheme will represent a greater measure of social security for d the people than New Zealand has pre- t! viously known." , t The Prime Minister stated that in all probability a fair amount of 1 authority would be given to commis- v sioners or Departmental heads apt, pointed under the legislation to deal g with certain individual cases on their ( merits. , There would be no delay in bringing t the Bill before Parliament this session.The extensions of the orignal scheme were being shaped, and excellent progress was being made with the T drafting of the actual legislation. c . c MR. NASH TO HANDLE BILL £ . ( When the Government's legislation e dealing with national superannuation t and health insurance come.; before J Parliament shortly it will be in the s hands of the Minister of Finance (the \ Hon. W. Nash), states the Christchurch - "Press." The Minister has supervised 1 most of the detailed work ; in the pre- i paration of the plan and "is fully ac- 1 quainted with the financial implica- 1 tions. Mr. Nash said in an interview yes- < terday with the "Press" that the Social Security Bill would be brought • down in the House as soon as the ' Budget was disposed of. The Bill was J considered as the major measure of • the session, and the Government was anxious to have it dealt with as soon j ■ as possible.' The Social Security Bill will be the j ■ only major legislative, measure with i which Mr. Nash will have to deal dur- ; ■ ing this session. He said that he had j one or two small/ financial Bills to 1 bring down and the usual routine . : measures, but' nothing of great import- : i ance 'other than the Budget and the ■ ! Social Security Bill.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380627.2.100

Bibliographic details

Evening Post, Volume CXXV, Issue 149, 27 June 1938, Page 12

Word Count
618

SECURITY SCHEME Evening Post, Volume CXXV, Issue 149, 27 June 1938, Page 12

SECURITY SCHEME Evening Post, Volume CXXV, Issue 149, 27 June 1938, Page 12