609236-1928-Supplementary-Draft-Bills--Companies-Amendment-Widows-and-Orphans-Pension-Amendment — Page 6

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The product gives the amount to be added to the registered pension con- sequent on the increment to the current annual contribution, or as the case may be, the amount to be deducted from the registered pension consequent on the decrement from the current annual contribution.

Example

of the application of Rule I (c).

Assume particulars as in the example subjoined to Rules I (4)

and 1 (6).

Annual contribution increased

on 31st May, 1913, from $30 to ....

50.

Annual contribution devrensed

on 30th April, 1918, from $50 to

40.

Annual contribution ceased on

31st March, 1923.

31st May, 1913, increment 40

20.

current annual contribution

Quantity found from Table B, section for officers aged 61 next birthday at completion of period of contribution :-----

Husband Wife

.85 .251

4.74

$ 0 × 4.74 $94.80 = amount to be added to the registered pension.

Registered pension at marriage,

Add

see example subjoined to Rules I (7) and 1 (6)

Registered pension at 31st May,

1913

30th April, 1918, decrement

from current annual contri- bution

235.47

94.80

.$ 330.27

$

10.

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

Husband Wife

40

3.83

.......30 į

$10 × 3.83 $38,30 = amount to be deducted from the regis- tered pension.

Registered peusion at 31st May,

1913, as above

Deduct

.$ 330.27

38.30

Registered pension at 30th

April, 1918.

.$ 291.97

31st March, 1923, cessation of contribution regarded as ment from current ammal contribution

a decre- 40.

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

Husband Wife

15 )

2.99

35)

$40 x 2.99 $119.60 = amount to be deducted from the regis- tered pension.

Registered pension a1 Bor

April, 1918, as above.

$ 291.97

Deduct

119.60

Registered pension at

31st

March, 1923...

..$ 172.37

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