RETIRING ALLOWANCES.

Dominion, Volume 7, Issue 2199, 11 July 1914, Page 6

RETIRING ALLOWANCES.

γ-im- MUNICIPAL EMPLOYEES.■"..,. -The Mayor (Mγ.' J: P. Luke) presided- at ii meeting of the Executive: Committee of. the Municipal Conference held in the Mayor's Boom yesterday afternoon' ■ Tho business of the- meeting was to- make arrangements for the biennial conference that is to commence at itho Town Hall on Tuesday morniug next. '*■_.. ,- ,---,;." ..-; :-,.*■' :,..*■>:■■ ■ : : One important' l topic , discussed at some length was.'the matter; of super- : animation for municipal employees,' in which most, of tho municipalities in New Zealand are interested; , The '.'subject is to be introduced early.! in the confer- .. euro, and as tlio outcome of tliedobate it-is-hoped in most quarters that a dofinito- load will be given -to the' local bodies intorestod. What will be needed, ' subsequent to the:conferenco's.approval of tho principle,-will, be* au antuarially sound sehome. that may be;adopted by any- borough or country council, without- being dependent on. the- district fund. Already, it is pointed but,'there are thousands of citizens .in'New.:Zea'-. -land who aro not participating'in any ( superannuation scheme, who aro forced . to rcntributo to the Governnieiit-taxes .to the superannuation of Civil .Servants.; *N v o\y, under the new Act, the local bodies .will .bo following suit, but, it is emphasised, no undue, pressure *' should be', brought! to bear on the .public:pursc ; to keep such funds financially sound.