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for married members of the staff is insufficient, and house allowances are at the rates fixed by the Council, some regard being had to the rate at which oorresponding allowances are fixed in the Government service. Quarters in the University
compound carry free water and (up to a reasonable maximum)
free electric light.
There is at present no income-tax, in the Colony
and there are no rates or taxes in the usual English sense.
All salaries are subject to a deduction of 5 per cent in respect of superannuation, to which the University
The fund thus formed may, adds 10 per cent of the salary. at the option of the member of the staff be accumulated either in dollars er in sterling, the rate of interest in the first case being 6 per cent per annum, with half-yearly rests, and in the second case 5 per cent per annum, but the sterling figure may in certain events be subject to reduction. The entire sum accumulated can be withdraw on retirement, either at the end of a contract other than the first or after the completion of 15 years' service or on attaining the retiring age of 60, or from ill-health, or on leaving, with the consent
It is equally of the Council, to take up another appointment.
payable in case of death. In other cases, a member of the
staffs own accumulated contributions are alone payable. Facilities are offered for keeping down premiums on life policies
The exact details of the out of superannuation contribution.
scheme are to be found in the superannuation regulations.
is a general age limit for retirement of 60 years.
There
A member
of the staff serving on a permanent contract can retire at any
time on giving six months' notice.
Other conditions of service are intended to be
governed
by general regulations, liable to alteration from
time to time by the University Council.
There is a general obligation on members of the staff
2.
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