THE PROVIDENT FUND
STATE CONTRIBUTION
INCREASE PROPOSED
(Parliamentary Reporter.) WELLINGTON, this day
The restoration of the original State subsidy to the National Provident Fund is proposed in the Finance Bill which was introduced in the House last night. legislation in 1931 provided that the amount which the Minister of Finance should pay into the National Provident Fund annually should be equivalent to one-ftfth of the total contributions paid into., the funds during the year ended December 31. The original subsidy was on.th's basis of one-fourth of the total contributions, and this will be restored bV repealing the 1931 legislation as from April t, 1935.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18264, 6 December 1933, Page 7
Word Count
104THE PROVIDENT FUND Poverty Bay Herald, Volume LX, Issue 18264, 6 December 1933, Page 7
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