STAFF SUPERANNUATION
L. D. NATHAN’S SCHEME At a meeting of the staff of L. D. Nathan and Co., Ltd., held yesterday, the chairman of directors, Mr. N. Alfred Nathan, announced the result of the year’s working of the staff superannuation fund. The fund is formed by placing in the hands of the trustees half of the company’s profits made in excess of the bank rate of interest on capital, and its object is to make provision for members of the staff who may become superannuated while in the company’s employment., or for their dependants in case of death. The chairman said that the fund had been in operation for 10 years, and 22 employees had completed the term of service entitling them to participate in the fund. Two female employees, on leaving to be married, had drawn tlieir superannuation allowance as provided for under the trust deed. The staff was notified that Messrs. W. W. Warnock and P. J. Capper, members of the staff, had been appointed to idie board of directors.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19271014.2.142
Bibliographic details
Sun (Auckland), Volume I, Issue 175, 14 October 1927, Page 13
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172STAFF SUPERANNUATION Sun (Auckland), Volume I, Issue 175, 14 October 1927, Page 13
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