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RAILWAY SUPERANNUATION.

MEETING OF THE BOARD. WELLINGTON, January 11. Retiring allowances aggregating £2260 9s 8d were passed by the Government! Railway Superannuation Fund Board today to 25 railwaymen retiring on superannuation. The meeting was attended by; all the membeis of the board, and the Minister of Railways (Hon. J. A. Millar) presided. The -payment of £1500 by the Amalgamated Society of Railway Servants to the fund, in accordance with the arrangement/ under the Amending Act of 1908, to securer the counting of broken service for superannuation arising out of the maritime* strike was reported, and increased retiring allowances were accordingly passed? to seven men intereetec who are already, on superannuation. The additional pay) varied from £8 to £32 per annum. Refunds of contributions totalling £1176' 18s 5d were passed in respect to men who; had resigned or retired through medical' unfit ness or other causes, and allowances' amounting to £191 per annum were authorised to be paid to seven widows and five children of deceased railwayman. 11l the case of two deceased employees who had/ received some superannuation payments, the refund of £80 13s 2d ta their representatives was authorised, this being the difference between their payments and the amount received in benefits.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19090113.2.191

Bibliographic details

Otago Witness, Issue 2861, 13 January 1909, Page 63

Word Count
203

RAILWAY SUPERANNUATION. Otago Witness, Issue 2861, 13 January 1909, Page 63

RAILWAY SUPERANNUATION. Otago Witness, Issue 2861, 13 January 1909, Page 63