TEACHERS' SUPERANNUATION ACT.
By Telegraph—Press Association. WELLINGTON, Last Night. Under the Teachers' Superannuation Act a new regulation is gazetted relating to the allowance to be paid to teachers retiring on account of ill-health. Under this regulation the total annual allowance is to be computed as follows: In case the contributor, although medically unfit for further duty, is shown by the certificate of two medical practitioners approved by the Board, to be otherwise in good health, then the present value of the total annual allowance shall be deemed to be the present value of the annual allowances at 4 per cent, per annum on the basis of Dr. Farr's life table of the healthy districts of England for males or females according to the sex of the contributor or by such other tables as are used from time to time by the Actuary in valuing liabilities under the Act, but in all other cases the present value of the total annual allowance shall be deemed to be the total amount of his contributions without interest.
CABLE NEWS.
By Telegraph—Press Association—Copyright
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https://paperspast.natlib.govt.nz/newspapers/WAG19070222.2.15.14
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Wairarapa Age, Volume XXIX, Issue 8365, 22 February 1907, Page 5
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179TEACHERS' SUPERANNUATION ACT. Wairarapa Age, Volume XXIX, Issue 8365, 22 February 1907, Page 5
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