PUBLIC SERVICE SUPERANNUATION.

Wanganui Herald, Volume XXXXVI, Issue 13277, 17 January 1911, Page 5

PUBLIC SERVICE SUPERANNUATION.

(Per UniWd Press Association). WELLINGTON, January 17. At a meeting of the Public Service Superannuation Board a committee was set up to enquire into, the rates of interest allowed by the Public Trust on the superannuation fund-investments and as to the charge made by that office for dealing with the fund/ ,A committee was ajeo set up to draft a regulation dealing with officers on leave without pay and the amount-to be paid by them vyl ile absent oaimch \ leave. The, decision of the Supreme Court on the question of' members of the Police Department who arc now merged into the Public’Servico Superannuation Fund beiqg'' able to pay for broken service was consul, ered, and it was decided that all appliya-' lions to pay for such broken service would', bo considered up to March 31st. The amount to the credit of the fund on December 31st last was ,£254,015. an increase of £103,675 on the corresponding quarter of last year. The total annual amount of retiring allowances and annuities to widows and children on the schedule for last meeting was £558 Ite lOd,