E—Ba.

APPENDIX.

TABLE I. The Benefits and Contributions provided for by the Act. (These benefits are slightly modified in the case of persons employed in service under the Universities on the 7th November, 1912, who joined the scheme before the Ist July, 1913.) Tie contributions vary according to the age at tie time when tie first contribution becomes payable, and are as follows : — Age 30 and under . . .. ~ 5 per cent, of pay. Over 30 and not exceeding 35 6 I ?) j> "±0 • • • • . . 7 ~ i »40 „ 45 8 I „45 „ 50 9 I „50 10 I. On Attainment of Pension. Males at Age 65, or after Forty Years' Service ; Females at Age 55, or after Thirty Years' Service. (1) A pension of one-sixtiett of yearly salary for eaci year's service, witi a limit of forty-sixtietis (two-thirds) of salary. Maximum pension for entrants after tie 24th December, 1909, £300. (2) Or tie option, in lieu thereof, of a return of total contributions. Note.—Tie Board may, witi tie approval of tie Minister of Education, retire contributors on pension in tie following cases :— (a) Wiere tie age of a male contributor is not less tian 60, or of a fp.ma.lp. contributor not less tian 50. (b) Wiere the age of a male contributor is not less than 55, if his length of service is not less than thirty years. (c) Where the length of service of a male contributor is not less than thirtyfive years. In any such exceptional cases the Board may, with the approval of tie Minister of Education, impose upon tie retiring contributor suci terms and conditions as to payments into tie fund or otierwise as the Board thinks fit.) 11. On Retirement before Pension Age (on the Grounds of being Medically Unfit for Benefits .. Future Duty). (1) At any time on the certificate of two doctors approved by the Board a pension of one-sixtieth of yearly salary for each year's service, limited to forty-sixtieths. (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). (1) On voluntary retirement or dismissal for misconduct, a return of total contributions. IV. At Death, whether before or after becoming entitled to a Retiring-allowance. (1) Leaving no widow or children : A return of total contributions less any sums received from the fund during lifetime. (2) Leaving a widow : — (а) £31 yearly during widowhood ; or (б) A return of total contributions, together with such compensation (if any) as the contributor would have been entitled to receive from the Consolidated Fund on compulsory retirement, less any sums received from the fund during lifetime. (If death occurs before retirement the compensation is paid from the Consolidated Fund ; if after retirement, from the Superannuation Fund.) J3) Leaving children: 10s. weekly to each child until age 14. (Note. —The contributions and pensions are payable monthly, and the pensions are computed on the average salary for the last three years.)

12