Ruling On Railway Superannuation
[Per Press Association. —Copvright! WELLINGTON, This Day. A question of importance to railway employees retiring on superannuation was decided in a reserved judgment delivered by Mr Justice Ostler yesterday. 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 a man within the previous three years has served in any grade below the grade held at retirement. In that case the average pay for the three years in the basis of .superannuation. The point for the court was whether “grade” must be read as including “sub-grade” or not. His Honour found that if a member at the time of his retirement had within the previous three years served in a 10re..-' sub-grade, but during the whole ot that period had been in the same grade, he was entitled to superannuation allowance computed on the salary he was receiving at the time of his retirement. The action was an originating summons, the plaintiff being the New Zealand Railway Officers’ Institute.
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Northern Advocate, 7 October 1941, Page 7
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179Ruling On Railway Superannuation Northern Advocate, 7 October 1941, Page 7
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