NATIONAL SUPERANNUATION

Greymouth Evening Star, 8 August 1936, Page 5

NATIONAL SUPERANNUATION

COMPULSORY SCHEME

[pee press association.]

WELLINGTON, August 7. The coming of compulsion in the national superannuation scheme is foreshadowed in the annual report o the National Provident Fund presented in the House by the Hon. M. Lee Martin. Good progress with the tund is shown in the addition of nearly ..000 new contributors last year, but the report adds: “It seems clear from the experience of the fund since its inception, together with the results, of similar schemes in other countries, that the objective of relieving the State of old-age and other pension payments can be achieved only by a compulsory scheme, preferably including all sections of the community, although partial success may be achieved by commencing with those below a specified age or under a. given income limit.

“If deemed desirable the present voluntary basis of the National Provident Fund could be altered and made compulsory, or alternatively the scales of contributions and benefits could be suitably modified to form the framework of a national compulsory contrbiutory scheme.”

A WONDERFUL TONIC. Thyrodone is such a wonderful tonic and builder-up that it can he taken with advantage by everyone. Containing the full value of the salts and organic iodine of the oyster, it is claimed to be indisputably beneficial in the treatment of goitre and pernicious and secondary anaemia.—L. F. Hogg. Parkinson and Co., and other Chemists sell Thyrodone at. 4/6. Ask for free booklet. —Advt.