609275-1928-Supplementary-Bills-read-a-first-time--Companies-Amendment-Widows-and-Orphans-Pension-Amendment — Page 6

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505

The product gives the amount to be added to the registered pension con- sequent on the increment to the current anunal 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 (e).

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

and I (6)

Annual contribution increased

on 31st May, 1913, from $30 to

Annual contribution decreased

.8 50.

on 30th April, 1918, from $50 to

40.

Annual contribution ceased on

31st May, 1913, increment to

20.

31st March, 1923.

current annual contribution

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

Husband Wife

$20 x 4.74 pension.

$94.80

35 25

4.74

= amount to be added to the registered

Registered pension at marriage,

see example subjoined to

Rules I (a) and I (b) ......$ 235.47

Add .....

Registered pension at 31st May,

1913

30th April, 1918, decrement

from current annual contri- bution

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

401 .30

3.83

$10 × 3.83 $38.30 = amount to be deducted from the regis- tered pension.

Registered pension 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 a decre- ment from current annual contribution

10.

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

Husband Wife

45

35

}

2.99

$40 × 2.99 = $119,60 = amount to be deducted from the regis- tered pension.

Registered pension at 30th

April, 1918, as above... .$ 291.97

Deduct.

119.60

Registered pension at 31st

March, 1923..

..$ 172,37

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