SUPERANNUATION SCHEMES.

Lyttelton Times, Volume CXV, Issue 16602, 14 July 1914, Page 8

SUPERANNUATION SCHEMES.

TO THIS EDITOR. Sir, —I notice in your issue of Saturday that the Municipal Association sits in conference in Wellington to-morrow, and among the remits to ba discussed will be one with reference to employees’ superannuation funds. I have noticed lately a tendency, on the part of some local bodies and the larger manufacturing linns to talk about creating a superannuation fund for tho benefit of their employees, but there the matter seems to rest, and you hear nothing more about it. Some of the members were eloquent in their advocacy of some such scheme. There is no doubt that the fact of mentioning superannuation acts as a sop to t-lie employees, and they linger on in the hope that some scheme will eventuate some day "in the far distant future. I should like to suggest that the conference consider the advisability of sending a deputation to tlie Prime Minister, asking if he does not think it possible to amend the National Provident Fund Act by introducing a few clauses into it offering facilities to local bodies and others who control a number of employees to assist tlie.ir employees to take advantage of that Act instead of inaugurating a u,umber of small superannuation schemes which cannot bo conducted without some annoyance and expense. When the Bill was first „ brought down a then prominent politician assured me that he thought it was possible, and probable, that such facilities would he offered. Trusting some more able pen than mine will take this up in the interests of the workers.—l am, etc-, J. H. TIMMS. Woolston, July 13.