NAVAL PAY
INCREASES MADE
SUPERANNUATION SCHEME
TO BEGIN NEXT YEAR
The Government has received the report of the committee on naval pay and allowances set up on June 26 and has had it under consideration, the Minister of Defence (the Hon. F. Jones) announced today. The committee has made exhaustive comparisons between the existing rates of naval pay and the general level of wages, and in the light of these comparisons, and taking into consideration the recent increase of marriage allowance, the Government has approved an . increased scale.of pay, to be known as the "1939 scale," to become effective from June 1, 1939. The increases, briefly, are 9d a day for able seamen ratings, lOd a day for leading ratings, and Is 4d a day fcr petty officer and chief petty officer ratings, with corresponding 'increases in the rates of progressive pay. In order to relate ttte pay of warrant officers to the increased rates of pay for ratings; the present rates of these officers on promotion will be increased by Is 6d a day, the three-year rate by Is 3d a day, the six-year rate by Is a ! day, and the nine-year rate by 9d a day. The Government has also decided, after a thorough review of the conditions of service, to introduce a scheme] of superannuation which is intended to supersede • the system of deferred pay for all ratings who join the New Zealand Naval Forces on or after Janu- j ary 1, 1940. For these ratings, therefore, a new scale, to be known as the "1940 scale," will be introduced on that! date, and if they so desire men now serving can be included in the superannuation scheme, in which case they would draw the new 1940 scale of pay. Ratings who come under the 1940 scale will contribute"s per cent, of their pay to the superannuation.fund, No alteration will be made to the present regulations for deferred pay for men now serving, unless they elect to come under the new scheme. Details of the 1939 and 1940 scales of pay and the superannuation scheme will be published at an early date. The Government is also considering further recommendations, of the committee relative to social amenities and other questions, and a further statement on these subjects will be made at an early date. ■/'. ,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390923.2.96
Bibliographic details
Evening Post, Volume CXXVIII, Issue 73, 23 September 1939, Page 15
Word Count
386NAVAL PAY Evening Post, Volume CXXVIII, Issue 73, 23 September 1939, Page 15
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