1.—14

5

(2.) Every female contributor who has attained or hereafter attains the age of sixty years shall retire from the Education service; and every such contributor who has attained or hereafter attains the age of #ifcy-fr¥e fifty years may, at any time after the 5 expiration of three months' notice of her intention so to do, retire from such service. (3.) On his retirement as aforesaid every contributor shall be entitled to receive from the fund an annual allowance for the rest of his life, computed as follows :— 10 Namely, one-sixtieth part of the total salary paid during all the years of his contribution to the fund : New -proviso. Provided that an original member shall be entitled to receive from the fund an additional annual allowance computed as follows— 15 namely, one one-hundred-and-twentieth part of the total salary received by him during all the years of his service before the commencement of this Act: Provided further, that the total annual allowance payable to an original member shall in no case be less than the sum of fifty-two pounds. 20 13. (1.) Every contributor, whose length of service does not exceed fifteen years, who retires from the service on the ground of being medically unfit for further duty shall be entitled to receive from the fund the whole amount of his contributions without interest: 25 Provided that an original member, whose length of service exceeds five years but does not exceed fifteen years, shall be entitled to such additional amount, in one or more sums, as the Board, having regard to the circumstances of each case, determines, but not exceeding in the whole one-twelfth part of the total salary 30 received by him during all the years of his service before the commencement of this Act. (2.) Every contributor, whose length of service exceeds fifteen years, who retires medically unfit shall be entitled to receive from the fund such amount, in one or more sums, as the Board, having regard 35 to the circumstances of each case, determines, but not exceeding in the whole the present value of an allowance computed as mentioned in the last preceding section, and not being less than the whole amount of his contributions without interest. 14. Every contributor who retires from the service voluntarily 40 before attaining the age at which he is entitled to retire under section twelve hereof, or who is dismissed from the service, shall be entitled to receive from the fund the whole amount of his contributions without interest. 15. (1.) If any contributor dies before becoming entitled to a 45 retiring-allowance, and not leaving a widow, there shall be paid from the fund to his legal personal representatives the whole amount of his contributions without interest. (2.) If he dies after becoming entitled to a retiring-allowance, and not leaving a widow, there shall be paid from the fund to his 50 legal personal representatives the balance unpaid, if any, of three years' retiring-allowance.

Amount of pension.

Retiring medically unfit.

Voluntary retirement or dismissal.

Death of contributor not leaving a widow.

VII

Teachers' Superannuation.