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TEACHER' SUPERANNUATION FUNI.

PAVOURABCE PROSPECTS

(Fkou Our Own Correspondent.) WELLINGTON, August 3.

It was at fi— t understood that the principal opposition to the proposed teachers' superannuation fund was likely to come from the Inspector-general of Schools, who was of opinion that if any money were available it should be devoted to the establishment of training colleges iv the four principal wnlrog. It is stated that he has further considered the matter, and decided to give the scheme his support. The pcheme has the fullest support of the Minister of Education, and the prospects of the bill becoming law are considered good.

(From Our Own CoBBKSroxnENT.)

CHRISTCHURCH,

August 2

Two counrry delagates of the Teachers' Institute — Messrs Davidson and Smeaton — addressed the Educational Institute on Satur aay morning on the question of the proposed teat hers' superannuation scheme, afterwards leaving for Dunedin by the express. In the couße of hi* remarks Mr Davidson fciated that it was proposed tc endeavour to obtain from the Government a subsidy on funds fcubseribed to the scheme. There were many old end infirm teachers who ought to bo resting, but who were compelled to retain their positions as working teachers. It was thought that even in the interests of young and middle-aged teachers some fiutli scheme should be brought into operation. It was proposed to introduce a bill providing for siifh a scheme on the lines of the Police Provident Fund, which had proved a most successful movement. A tubsidy might be obtained in place of scale No. 2. It was proposed that subscriptions e^ould be at the following rates: — Under 30 years of age, 2^ per cent, on salary; over 20 years and under <-0, 3 per cent. ; over 40 aiwl under 50 years, 5 per cent. This was half the rate which had to be contributed to the Police Provident Fund. The Secretary of Education hsd ex-prc-ecd appioial cf the schema. Mr •Spieaton, in reply to questions, .suid that the scheme provided that if a man tjffcrrd nriital or bodily disablement b" would re-ct-ive a percentage computed on lii.= salary. No provision had been made for those who

Kverjbody who has tried TUSrfIGURA trustifies to its woiiderful efficacy. One dose wili «w e sufficient OIQvU

might be dependent on a female teacher who might die. In the ease cf the death of a married male teacher, his widow and chsl dren would participate in the benefits uiuier the scheme, but no other relative could claim anything. The age of retirement would be 60 for men and 50 for women teachers, but at present the retirement -would not be compulsory. No teacher would be pressed to come in, but any teacher standing out more than six. months should, it was proposed, pay a slightly higher rate.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19020806.2.133

Bibliographic details

Otago Witness, Issue 2525, 6 August 1902, Page 28

Word Count
463

TEACHER'SUPERANNUATION FUNI. Otago Witness, Issue 2525, 6 August 1902, Page 28

TEACHER'SUPERANNUATION FUNI. Otago Witness, Issue 2525, 6 August 1902, Page 28

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