CO129-503-6 Vacancies for schoolmasters- difficulty in filling posts- terms of appointment and service 17-3-1927 - 15-11-1927 — Page 52

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PENSIONS.

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6. The present rule as to superannuation is that, in the case of ill-health, an officer holding a pensionable appointment may be allowed to retire on a pension after ten full years' resident service; otherwise he must have attained the age of 55. For ten full years' upwardsident serviceДone seven-hundred-and-twentieth of the annual salary of the retiring officer for each completed month of service may be awarded, together with an addition of five sixtieths of such salary, provided that the total pension shall not exceed forty sixtieths of such salary. No pension may exceed £1,300 per annum. For pension purposes leave on full pay counts as full service, and leave on half pay as half service.

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