Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image

INCREASED RAILWAY WAGES.

EFFECT ON SUPERANNUATION WELLINGTON, January 17.

In an interview at Christchurch on the subject of increases of pay to members of the second division of the railway service, Mr Hampton, of the Amalgamated Society of Railway Servants’ Executive, stated'that when the allowance was made to married men covering the increased cost of living, the salaries being brought up to £l3O per annum, and the wages raised to 8s 3£d per day, the grant was not statutory, and therefore men were superannuated on the actual rate of pay they were receiving under the schedules of the Government Railways Classification Act, which in sonje of the oases referred to were 7s per day. The Railway Department .states that this statement is entirely erroneous. As a matter of fact men in receipt of the married allowance contribute to the superannuation fund on the actual nay received by them, and on their retirement are superannuated on the same basis, so that a married man whose classification rate was 7s per day, but was in receipt of the married allowance of 8s 3fd per day, would pay his contribution "on 8s and receive superannuation benefits on the same rate. Furthermore, states the department, it may remove this apprehension that exists in the minds of the men to point out that even in cases where contributors to the superannuation fund have given notice of retirement, and .have been granted leave preparatory to finally retiring from the service, the superannuation allowance of such men has been computed on the increased rate of pay operating Horn Ist of November last, provided, of course, that the men had not actually retired from the service before that date. At the last meeting of the Superannuation Fund Board seven such cases were dealt with, the increased allowances that were granted varying from £2 15s 4d to £lO 12s 7d. This, it is urged, indicates clearly that the Railway Department gives an employee the fullest possible benefits that can accrue to him under the Superannuation Fund Act.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19120124.2.3

Bibliographic details

Otago Witness, Issue 3019, 24 January 1912, Page 3

Word Count
338

INCREASED RAILWAY WAGES. Otago Witness, Issue 3019, 24 January 1912, Page 3

INCREASED RAILWAY WAGES. Otago Witness, Issue 3019, 24 January 1912, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert