609236-1928-Supplementary-Draft-Bills--Companies-Amendment-Widows-and-Orphans-Pension-Amendment — Page 5

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454

mag

Application of Rule I (a).

Accumulation of coutributions paid before marriage :--

Contributions from 1st April to 31st

December, 1904

15.00

Contributions during 1905

20.00

One year's interest at 8 per cent.

on $15

1.20

$

36.20

Contributions during 1906

20.00

One year's interest at 8 per cent.

on $36.20

2.90

$

59.10

Contributious during 1907

30.00

One year's interest at 8 per cent.

on $59.10

4.73

93.83

Contributions from 1st January to

30th June, 1908

15.00

Half-year's interest at 8 per cent, ou

$93.83

3.75

Total accumulation.

$ 112.58

Quantity found from Table A-

Husband *

Wife *

.30 1

554

.20 f

$112.58 × 554

$62.37

registered pension in consideration of

contributions paid before marriage.

Application of Rule 1 (b).

Annual contribution current at the date of marriage $30.

Quantity found from Table B, seetion for officers aged 61 next birthday at completion of period of contribution.

Husband * Wife *

$30 × 5.77

$178.16

.30 1 .20 j

5.77

registered pension in consideration of annual contribution current at marriage.

Total registered pension to be recorded on the contributor marry-

ing

By Rule I (4)

$

By Rule † (6)

62.37

173.10

Total.......

$ 235,17

* NOTE. -- Where the ages are not given in the Tables, proceed as illustrated

n the general examples given in Section F.

(c) Variations of pension consequent on increments to, and decrements from, the current annual contribution while the contributor is married to his first wife.

NOTE.The cessation of the contribution from any cause before the com- pletion of the ful! period of contribution must be regarded as a decrement from the current annual contribution equal to the amount of such current annual contribution.

RULE I

ļ

-Tia to time section of Table B which contains in the heading the age of the husband at the date of completion of his period of contribution ; and multiply the amount of the increment to, or the decrement from, the eurrent annual contribution by the quantity found from that section corresponding to the respective ages next birthday of the husband and wife at the date of the variation of the contribution,

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