H.—s
Benefits. I. On Attainment of Pension. —Males at age 65, or after contributing for forty years ; females at age 55, or after contributing for thirty years :— (1.) A pension of one-sixtieth of yearly salary for each year's contribution, with a limit of forty-sixtieths (two-thirds) of salary. Maximum pension, £300. (2.) Or the option, in lieu thereof, of a return of total contributions. (Note. —The local authority may in any particular case retire on a pension a male contributor whose age is not less than 60. or a female whose age is not less than 50.) 11. On Retirement before Pension Age (on the grounds of being medically unfit for future duty): — (1.) At any time on the certificate of two doctors approved by the local authority a pension of one-sixtieth of yearly salary for each year's contribution, limited to forty-sixtieths. and not to exceed £300. (2.) Or the option, in lieu thereof, of a return of total contributions. 111. On Retirement before Pension Age (on other grounds than medical unfitness) :— On voluntary retirement or dismissal, a return of total contributions. IV. At Death (whether before or after 1 ecoming entitled to a retiring-allowance):— (1.) Leaving no widow or children : A return of total contributions less any sum received from the fund during lifetime. (2.) Leaving a widow— (a.) £18 yearly during widowhood ; or (6.) A return of total contributions paid by the deceased less any sums received by him from the fund during his lifetime. (3.) Leaving children : ss. weekly to each child until age 14. Note.— s The pensions are payable monthly, and are computed on the average salary for the last three years.
Approximate Cott of Paper.—Preparation, not given ; printing (660 copies), £2 17s. 6d.
Authority : .John Mackay, Government Printer, Wellington. —l9l4.
Price 3d.]
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