IV
Extract from Shanghai Award
dated 16th July, 1917.
As regards Pension Scheme.
A Master or Chief Engineer or Chief Officer or Second Engineer who has completed thirty (30) or more years service with a Company in whatever grade (absence on leave and or sickness being reckoned as service) and has attained the age of fifty-seven (57) years may retire and on such or sub- sequent retirement pensions shall be paid by the Companies as follows:—
To Masters
To Chief Engineers
To Chief Officers....
To Second Engineers
£200 per annum. payable monthly.
160
+1
13
80 80
33
*
J1
13
On and after 1st January 1922 a Master or Chief Engineer or Chief Officer or Second Engineer who has completed thirty (30) or more years service with a Company in whatever grade (absence on leave and or sickness being reckoned as service) and has attained the age of fifty-seven (57) years shall retire unless, owing to special circumstances, it be deemed desirable, by the Company and the Guild concerned, to retain his services. On such or subsequent retirement pensions will be payable as above. A Master or Chief Engineer or Chief Officer or Second Engineer who has completed twenty- five (25) years service with a Company in whatever grade (absence on leave and or sickness being reckoned as service) may retire at any time on attaining the age of fifty-two (52) years and before attaining the age of fifty-seven (57) years and on snch retirement will receive from the Company cou- cerned a peusion on the following graduated scale, payable monthly:
:-
V
Comparison of Prices of 14 of the Principal Articles of Necessity of the Philippine Laboring Classes showing Percentage of Increase between the Years 1913 and 1918.
FOOD.
Flour... Rice
Salmon
Condensed milk
CLOTHING, &c.
1913.
.......
.P. 3.00 per bag. .P. 5.00 per cavan. ..P. 6.50 per case,
P. 8.00
1918. P. 7.00 per bag. P. 10.00 per cavan P. 19.00 per case
P. 14.00
Increase.
...133 .100
192
75
**
(Average increase on above 4 articles of food 120 %.)
Grey Shirtings. White Shirtings Turkey red cloth White cotton drills Nansooks (White)
>>
כל
1913.
1918.
Increase %.
.P. 8.00 per piece.
P. 20.00 per piece......150
P. 6.50
P. 18.00
J7
17
P. 2.50
J1
P. 6.00
.....177 ......140
27
P. 8.50
P. 22.50
.P. 2.80
P. 8.00
.....165 .....186
+
White ground prints
P. 0.084 per yard.
P. 0.27 per yard.
.217
Colored ground prints.
P. 0.10
P. 0.32
......220
}
Cotton colored trouserings......... ..P. 0.16
P. 0,47
JJ
one kind with the other
......194 ......145
Boots and Shoes
(Average increase on above 9 articles of Clothing, &c., 177%.)
RETIRING AGE.
MASTER'S PENSION PER ANNUM.
CHIEF ENGINEER'S PENSION
CHIEF OFFICER AND OR
PRR ANNUM.
2ND ENGINEER'S
PENSION
PER ANNUM.
Year's.
£
£
મ
Between 52 & 53
150
120
53 & 51
155
121
54 & 55
162.10 -
130
51
55 & 56
29
56 & 57
172.10- 185
138
148
83822
60
64
08
72
76
"
Petroleum.........
...............................................P. 4.00 per case,
P. 11.00 per case......175
14)2,269
Average 162%
Cotton yarn has increased 300%.
Hardware, paints, oils, &c., have increased over 200 %.
NOTE. The tendency of the above articles is upward at the moment. the Rosario, &c., where the laborer has to buy.
To qualify for the above graduated scale of pension Masters and Chief Engineers mast have completed five (5) years service in their respective ranks as Masters and Chief Engineers (leave and or sickness being reckoned as service) otherwise on retirement between the ages of 52 and 57 years they receive the pension of a Chief Officer or Second Engineer. A Company may refuse to recognize any assignment of any pension. Pensions to be adequately secured by the Companies, and once earned, to be non-forfeitable,
Should a Master, Officer, or Engineer be permanently incapacitated for further service in a Com- pany under his certificate through no fault of his own, and before qualifying for a pension, he shall receive equivalent to one month's pay receivable by him at the time of his retirement through being so incapacitated multiplied by the number of years service he has completed with the Company (leave and or sickness to be reckoned as service).
MANILA, 19th August, 1918.
The above are retail prices in
With compliments of JAMES F. MACLEOD.
258