BENEVOLENT SOCIETY
BIG DEFICIENCY IN FUNDS,
B/ Telesr&Ph-'Frefis Association— Copyrlgb* LONDON, May 14. Mr Turner, an actuary, reports that owing to a miscalculation in the Friendly Society, records, not to fraud, 1 the Postal and* General .Civil Service Benevolent Society show's a deficiency of £883,000 in the funds necessary to pay promised benefits. He recommends increased contributions or largely reduced benefits.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19140516.2.45
Bibliographic details
New Zealand Times, Volume XXXVIII, Issue 8734, 16 May 1914, Page 5
Word Count
61BENEVOLENT SOCIETY New Zealand Times, Volume XXXVIII, Issue 8734, 16 May 1914, Page 5
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in