SUPERANNUATION SCHEME.

Gisborne Times, Volume XXIX, Issue 3121, 18 January 1911, Page 3

SUPERANNUATION SCHEME.

MEETING OF PUBLIC SERVICE

BOARD

LPER Press ASSOCIATION. I WELLINGTON, Jan. 17

At a meeting oi the Public Service Superannuation Board a, committee was set up to inquire into the rates of interest allowed by the Public , T rust Office on superannuation fund investments, and as to charges made by that office for dealing with the fund. A committee was also set up to draft a regulation dealing with officers on leave without pay and the amount to be paid by them while absent on such leave. The decision of the Supreme Court on the question of members of the Police -Depaitment, who are now merged into the Public- Service .Superannuation Fund, being able to pay for broken service-was •considered, and it was decided that applications to pay for such broken service would be considered up to March 31st. The amount to the credit of the fund on December 31st last was £254015, an increase of £103,675 on corresponding quarter of last year. The total annual annuities to widows and children on the schedule for last meeting was £15,896 14s. THE TEACHERS’ SCHEME. At the quarterly meeting of tire Teachers Superannuation Board, it was reported that the roll showed a membership of 3247 contributors. The Board granted various allowances, and also dealt with some oases in which pensions had been granted previously on the ground of medical unfitness, with a view to having the recipients medically re-examined as to their present physical condition.