SUPERANNUATION
(Press Assn.—
PROPOSED IRIKDUCTION OF BENEFITS STRONGLY RESENTED
-By Telegraph— C-Jpyright).
Wellington, Thursday. A strong protest against the bill introduced in the House of Representatives last session for reducing benefits to contributors to the various State supemnnuation funds was voiced by the president of the Superannuated Public Servants" Associa■tion, Mr. W. M. Wright, at the annual meeting of the association. Mr. Wright said the proposal was a preach of contract and some-thing which no other Parliament in the British' Empire had even contemplated. The present financial weakness of the fund, he said, was brought about hy the deliberate negleet of the Government to pay to the funds the annual subsidies recommended by the actuary and the nse of the funds by the Government for retrenchment purposes. . .
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19330729.2.43
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Rotorua Morning Post, Volume 2, Issue 596, 29 July 1933, Page 5
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127SUPERANNUATION Rotorua Morning Post, Volume 2, Issue 596, 29 July 1933, Page 5
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