WIDOWS' AND ORPILANS' PENsions. [ 30 (F 1890. ] 1345
be calculated according to thie principles and in the manner described
in article 9 B ( b) hereof, always taking the ages of the husband
and wife as they stand at the date of the increase of official income.
Third and subsequent Wires' Pensions.
3. The rules laid down in articles 9 and 10 will apply, mutatis mutandis,
to the case of pensions to a third, or any subsequently taken wife of a mem
ber as above. It should be borne in mind that the pension to the last wife,
and the age she would bave been at the date of the further marriage, are
always to be taken as the basis for estimativg the commencing pension to
which the new wife is entitled.
Abatement of Widows' Pensions.
4. When the official income of a member (as above) becomes reduced ,
either by abatement of the ordinary emoluments or by the grant of a perma
nent superannuation allowance, the widow's pension must be diminished by
just the amount it would have been increased bad the official income been
raised instead of lowered .
For instance, if such member's official income become reduced by $250 per
annum , the existing pension to whichi, by the foregoing rules, the wife was
entitled should be diminished by the amount of pension corresponding to a
contribution of $ 10 per annum .
There would be no objection, in principle, to allowing such member to
continue his old rate of contribution for the remainder of the 35 years, should
he desire to do so, and so prevent a diminution of the pension ; but, in that
case, sufficient independent medical evidence should be produced that the state
of his health is such that no financial damage to the fund may be reasonably
entertained . It is probable that a liberal construction of such a rule would
not operate adversely to the general interests, provided that some means be
adopted of checking this election in the case of the higher officials, where the
pensions would generally be above the average.
Pensions to Widows and Children of such members as may have joined
the Public Services of other colonies.
5. The widow's pension should be based upon the estimated acquired
interest that such transferred member takes in the then existing fund at the
date of his removal. This interest may, until the financial position of the
fund has been determined by a valuation be assessed as shown below. Upon
the occasion of the valuation then next ensuing,and upon all future valuations,
the interest as above estimated, and others emerging between the periods of
valuation, should be determined or adjusted as the circumstances disclosed by
such investigations may require, and according to the advice of the actuary
or actuaries reporting.
6. The following rules are applicable only up to the time of the first
valuation and they should be re - settled on the occasion of each valuation by
the actuary, or actuaries, then reporting :
IF SUCH MEMBER BE A BACHELOR AT THE TIME OF HIS TRANSFER.
First Wife: His interest in the fund should be taken as then, and
according to rule 9 A ; and this amount should be further accumu
lated at 6 per cent. compound interest from the time of such transfer
until his first marriage : and the pension that the widow thence
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Private notes are available after approval.