NATIONAL PROVIDENT FUND
OBJECTIONS OF FRIENDLY SOCIETIES.
[Per Uxitkd Prks.s .Association.]
WELLINGTON April 13. The Hons. J. A. Hanan and A. .\L Myers addressed a conference of friendly societies' delegates to-day relative to the competition of the National Provident Fund. .Air Hanan referred to the good work of the friendly societies. He said that since 1887 they had paid in sickness allowances £1.251.933, death allowances £257,690, medical fees £1,162,105. The social insurance functions of the Dominion are officially directed towards tho solution provision"for the old age problem, for which policy the National Provident Fund Act stands. No societies provided for this social insurance. The functions of tho Government were not at present directed to provide benefits of friendly societies as in Great Britain. Details of the. new annuity scheme would bo laid before the conference. The Government sincerely desired to learn the societies' view of the problem, and extension of the provident fund. Tf it meant the extension of those thrift principles which tho societies had done much to foster it should be the aim of all to encourage rather than retard any movements in that direction. Mr Myers stressed the importance of the National Provident scheme, and expressed the opinion that the conference would be of the utmost mutual benefit. Mr Hanan was appointed chairman of the conference.
[Special to the ' Star.']
WELLINGTON April 13. Delegates from _ friendly societies throughout the Dominion are meeting in Wellington to-day at the invitation of the Government to discuss the relation between societies and the National Provident Fund. During last session the societies presented a petition to Parliament asking for relief from what they regarded as unfair competition on the part of the National Provident Fund. The petition came before a parliamentary committee, by whom it was referred to the Government for consideration with a view to coordinating the-work of the societies and the fund.
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Bibliographic details
Evening Star, Issue 16088, 13 April 1916, Page 4
Word Count
312NATIONAL PROVIDENT FUND Evening Star, Issue 16088, 13 April 1916, Page 4
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