“REMOVING FEAR OF WANT”
PRIME MINISTER’S COMMENT _____ POSITION OF STATE SUPERANNUITANTS (From Our Parliamentary Reporter) WELLINGTON, August 12. The proposal made some time ago by the Prime Minister (the Rt. Hon. M. J. Savage) that allowable incomes under the Government’s superannuation scheme should be extended to permit of a gross income with superannuation of £312 a year is not included in the Social Security Bill which was introduced in the House of Representatives today. The Prime Minister stated in an interview this evening that his proposal had been replaced by a provision to in-
The provisions of the Social Security Bill are printed on Page 5.
troduce universal superannuation in gradual stages beginning in 1940. “Under the existing money system it is impossible to do everything all at once,” Mr Savage said. “However, we propose to start in 1940 by paying all persons over the age of 65 years irrespective of their means an annual allowance of £lO to be increased annually by £2 10/- until the full amount of £7B a year is reached. Our aim is to provide a system which will remove for ever the fear of want from the minds of the people.”
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Bibliographic details
Southland Times, Issue 23586, 13 August 1938, Page 8
Word Count
197“REMOVING FEAR OF WANT” Southland Times, Issue 23586, 13 August 1938, Page 8
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