TEACHERS’ PENSIONS

New Zealand Times, Volume LII, Issue 12200, 27 July 1925, Page 6

TEACHERS’ PENSIONS

“NO PROGRESS MADE’' SECONDARY SCHOOLS concerned: “In regard to superrfhnuation. we nave made no further progress,’’ comments the annual report of the Secondary School Assistants’ Association. “Additional clauses, giving effect to many of our requests, have been pared by the Minister’s instructions ana are still waiting to be introduced Darliament. . lake so many matters affecting education, these have either ' been tossed aside at the last minute or have never been introduced because of the additional expense involved if ■they were incorporated in the Act. “There is no doubt that most teachers who look ahead.for their dependents rather than for themselves, regard the superannuation fund as a very poor investment. Many of them would, if given .the opportunity, willingly draw their money out and invest it elsewhere.’ A proposal was made to Hie Minister that any toucher who so desired might, ■ by payment of an' increased rate, or by specially contracting with the department l , . accept a lower pension on condition that "his widow were given a correspondingly greater pension. In reply, the Minister promised that he would have , this question''submitted to actuarial investigation. So far the executive has no further report from the Minister.’’