SUPERANNUATION

Grey River Argus, 7 October 1941, Page 1

SUPERANNUATION

R. 0.1. AND GRADING DECISION. P.A WELLINGTON, October 6. A question of importance to Railway employees, retiring on superannuation, was decided in a reserved judgment, delivered by Mr Justice Ostler, to-day, in the Supreme Court. Superannuation, according to Section 116 of the Government Railways Act, 1926, is computed on the rate of pay being received at the time of retirement unless the man within the I previous three years has served in any grade below the grade held at retirement. In that case, the average rate of pay for the previous three years is the basis of the superannuation. The point for the Court I was whether “grade" must be read ’as including “sub-grade,’ or not. His Honour fou’nd that, if a member, at the time of his retirement had,

within the previous three years, served in a lower sub-grade, but during the whole of that period had been in the same grade, he was en--1 tied to a superannuation allowance computed on the salary he was receiving at the time of his retirement. The action was an originating sum■mons, the plaintiff being New Zealand Railways Officers Institute.