FRIENDLY SOCIETIES.
(Per Press Aesooiatioa.)
Wellington, yeeterday,
At tfco Friendly S:oieties’ conference this morning, 1. Feta were read from the Premier relating to hit nation il amui’.ies lobeme. Detailed suggestions fo: the ecbeme in eonDce ion with friendly society members Were "explained, l -ard 'also for persons outside .tlae eoeieffes, to take out deferipl annuities with the Government, ir. annuities biginning at s.uch ages as 60, 65, and 70, by mpjkfng deposits according to ap asceilatnod scale, which will bo »p cified ip tbo schedule of a Bill to be brought down by the fljyetnm'nt. These annuities will bo subdivistd by the Government, and will have tbo iff os ofinoieising the annuity by 10 to 40 per cent., accord ing to the family ai.d eircnmstsnois. Friendly society members receive an extra 5 per oent.
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Bibliographic details
Gisborne Times, Volume XXII, Issue 1756, 23 May 1906, Page 2
Word Count
134FRIENDLY SOCIETIES. Gisborne Times, Volume XXII, Issue 1756, 23 May 1906, Page 2
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