Hostname: page-component-78c5997874-v9fdk Total loading time: 0 Render date: 2024-11-09T06:43:04.343Z Has data issue: false hasContentIssue false

A Novel Superannuation Scheme

Published online by Cambridge University Press:  18 August 2016

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Other
Copyright
Copyright © Institute and Faculty of Actuaries 1914

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

page 33 note * Persons appointed since 1895 are compelled to take out Endowment Assurance Policies maturing at age 60 in an approved Society for amounts approximating to one year's salary.

page 39 note * When first we saw these Tables of contributions we began seriously to think. Why should the Committee select such a strange interval as two months for the periodic contributions? And why were the contributions so small? But when we came to the illustrations we discovered there were 24 bi-monthly contributions in a year! We trust our Australian cousins are not going to disfigure the English language with such a distortion as bi-monthly for half-monthly. We are glad to note that in the Report of the Actuarial Sub-Committee the interval is always described as half-monthly.—H. W. M.