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the policy of successive Secretaries of State recently has been to get the Colonial Governments to take over the Funds and to guarantee the pensions in return for the Settlements, the contributions. This has been done in the Straits Federated Malay States, Jamaica and Trinidad.
The Government of British Guiana took over the Fund (which was not solvent) but decided to make all new officers insure their lives instead of contributing towards Widows and Orphans pensions. How far this arrangement will prove a success time will show, but its advantages hardly appear to outweigh those of the pension system.
In Mauritius a decision on the matter has been deferred pending the result of an actuarial investigation of the Fund. In Ceylon, where the Fund was much larger than in any other Colony and in a prosperous condition, many members of the service, chiefly through a misapprehension of
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104
the policy of successive Secretaries of
State recently has been to get the Colonial
Governments to take over the Funds and to
guarantee the pensions in return for the 44
Settlements, the contributions. This has been done in the Straits
Federated Malay States, Jamaica and Trinidad.
The Government of British Guiana took over
the Fund (which was not solvent) but decided
to make all new officers insure their lives
instead of contributing towards Widows and
Orphans pensions. How far this arrangement
will prove a success time will show, but its
advantages hardly appear to outweigh tho se
of the pension system. In Mauritius a decision
on the matter has been deferred pending the
result of an actuarial investigation of the
Funa. In Ceylon, where the Fund was much
larger than in any other Colony and in a
prosperous condition, many members of the
service, chiefly through a misapprehension
of
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