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PUBLIC SERVICE SUPERANNUATION.

Tlio pensions paid last year out of the Public Service Superannuation Fund to contributors who had retired or to the dependents of contributors who had died, amounted to over £30,900, of-which £l3ll went to widows ...ad children, accoi>ing to a return just published. New pensions for £SBIO were granted dining tiic year to fortify members for ago or length of service, to thirteen memhers for medical unfitness, and to twenty-one iwidows and seventeen children. The largest retiring allowance grantid during the- year was £521 13s, and tho smallest Co '.l7s; while the average was £95 8s 3d. The oilicors wh.o retired would have • been entitled to £1 1,8.11 accrued compensation under tho Civil Service Act if they had not hecome participants in tho fund. Nineteen retiring allowances were discontinued hy death and four f m ' other causes. Dining the year tho PeNc Provident Fund was merged in tlie larg"* l ' Jmid, carrying 773 members contributing £7828 per annum, while the funds ti r.usfoircd amounted to £32,785. 'flic total income for tho year, including tho police fund, was £153,008, to which the members contributed £89,290 by ordinary subscriptions, and the Government £22,500. Tho public servants contributing to tho fund total 8371, of whom 7101 are males and 900 females,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19110801.2.13

Bibliographic details

Stratford Evening Post, Volume XXIX, Issue 136, 1 August 1911, Page 4

Word Count
211

PUBLIC SERVICE SUPERANNUATION. Stratford Evening Post, Volume XXIX, Issue 136, 1 August 1911, Page 4

PUBLIC SERVICE SUPERANNUATION. Stratford Evening Post, Volume XXIX, Issue 136, 1 August 1911, Page 4

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