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NAVAL PAY

GOVERNMENT GIVES INCREASES A SUPERANNUATION SCHEME [From Our Parliamentary .Reporter.] , WELLINGTON, September 21b i’hc Government has considered the report of the Committee on Naval Pay set up on Juno 20, and the following statement is issued by the Minister of Defence: — “ The committee set up on June 26 announces that it has made exhaustive comparisons between the existing rates of naval pay and the general level of wages, and in the light of these comparisons, taking into consideration the recent increase in the marriage allowance, the Government has approved of an increased scale of pay to be known as the ‘ 1939 scale,’ to become effective from June 1, 1939. “ The increases briefly are: 9d a day for able seamen ratings; lOd a day for leading ratings; Is 4d a day for petty officer and chief petty officer ratings, with corresponding increases in the rates of progressive pay. “ In order to relate the pay of warrant officers to the increased rates of pay for ratings, the present rates of these officers on promotion will be increased by Is Cd a day, the three-year rate by Is 3d a day, the six-year rate by Is a day, and the nine-year rate by 9cl a day. , ~ . “ The Government has also decided, after a thorough review of the conditions in tho service, to introduce _ a scheme of superannuation which is intended to supersede the system of deferred pay for all ratings who join the New Zealand naval forces on or after January 1, 19-10. Eor these ratings, therefore, the new scale, to be known as the ‘ 1940 scale,’ will be introduced on that date, and if they so desire men now serving can 1 be included in the superannuation scheme; in which case they would draw tho new 1940 scale of pay. Ratings who come under tho 1940 scale will contribute 5 per cent, of their pay to the superannuation fund. “No alteration will be made to tho present regulations for deferred pay for the men now serving unless they elect to come under the new scheme. Details of tho 1939 and 1940 scales of pay and tho superannuation scheme will bo published at an early date. The Government is also considering further recommendations of the committee relative to social amenities and other questions, and a further statement on these subjects will bo made at an early date.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD19390923.2.86

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 23379, 23 September 1939, Page 14

Word count
Tapeke kupu
396

NAVAL PAY Evening Star, Issue 23379, 23 September 1939, Page 14

NAVAL PAY Evening Star, Issue 23379, 23 September 1939, Page 14

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