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OLD-AGE PENSIONS.

DETAILS OF THE FRENCH SCHEME. United Press Association—By Eleotrio Telegraph—Copyright. PARIS, June 19. In the Chamber of Deputies M. Oaillaux, the Minister of Finance, explained the details of the old age pension scheme. He said the schem© would require a capital fund of twelve million francs. Tho State would contribute at the outset fifteen million francs, and gradually increase its contribution in sixteen years to ninety million francs, and then gradually reduce it to forty-five million francs.

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https://paperspast.natlib.govt.nz/newspapers/LT19010621.2.42

Bibliographic details

Lyttelton Times, Volume CV, Issue 12533, 21 June 1901, Page 5

Word Count
79

OLD-AGE PENSIONS. Lyttelton Times, Volume CV, Issue 12533, 21 June 1901, Page 5

OLD-AGE PENSIONS. Lyttelton Times, Volume CV, Issue 12533, 21 June 1901, Page 5