SUPERANNUATION PLAN

Taranaki Daily News, 7 March 1935, Page 4

SUPERANNUATION PLAN

UNIVERSAL APPLICATION LEGISLATIVE COUNCIL ACTION. THE GOVERNMENT INTERESTED. INQUIRY MAY BE AUTHORISED. By Telegraph-Press Association. Wellington, Last Night. Continuing in the Legislative Counci to-day the debate on the Hon.. G. J Anderson’s motion advocating universa Contributors’ superannuation and requesting the Government to make available the probable cost of such a scheme, the Hon. R. McCallum suggested pension; should be provided for ex-members o: Parliament. It was regrettable, he said that many of them had to rely on allowances voted each year. The Hon. D. Buddo said he was doubtful whether members would suppor compulsory retirement at the age of © as was provided in the motion. Sir James Allen said many people were efficient and capable at 60, and if thej were retired the country would lose their valuable services. The Hon. C. J. Carrington said he wai sympathetic to the motion, but wishec to see details before committing himself The Hon. J. Alexander suggested the retiring age should be raised to 65. The Hon. L. M. Isitt favoured, the setting up of a special committee whicl could investigate the problem and brine down a comprehensive report The Hon. A. Bums said , they shoult endorse the principle of the motion ahc wait for detailed information befon criticising the details. There had beei many objections to old-age pensions, bu no-one would oppose them to-day. The Hon. R. Masters said the Government was not unsympathetic with th; motion and might see its way to conduc an inquiry along the lines of the motion He suggested the motion should b amended, deleting any reference to th< retiring age. Mr. Anderson accepted the suggestioi and the motion was passed.