643
individual
compulsory insurance based upon the present 4% reduction of salary with
the stipulation that the policies shall be held by the Government or by a Board of Directors and that an officer shall have no power to alienate his policy from his wife or children or to discontinue his payments thereon.
7.
The Committee have taken steps to ascertain the prospects of each individual contributor under an insurance scheme based upon these principles and when definite figures have been obtained they propose to ask for a definite expression of opinion from all officers concerned.
In the meantime they have the honour to request that His Excellency the Governor will be good enough to move the Secretary of State to postpone for the present any action in connection with the proposed transfer of the fund, as the Ordinance authorizing the transfer can, in the event of such proposals as may be put forward being disapproved, be made retrospective and with effect from the date originally intended.
We have etc.,
(1.) Henry S. Berkeley.
(2.) Francis Clark.
(3.) J. A. V. Johnston.
(4.) W. Fletcher.