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Thursday, 8 March 1928


Dr EARLE PAGE - The replies to the honorable member's questions are as follow : - 1, 2, 3 4. See answers given to these questions on 7th March by the Minister for Markets a.nd Migration on behalf of the Minister for Trade and Customs.

5.   The Superannuation Fund was established on an actuarial basis, and it was provided that such contributions be made as are necessary to ensure that the scheme will be actuarily sound. The privilege of contributing for four units of- pension at rate for age 30 was expressly limited by the Superannuation Act to those in the Service when the act commenced, and in determining the Government's contribution to the scheme allowance was made for this privilege in respect of the officers then in the Service. To extend this concession to officers who were not in service at thecommencement of the act would jeopardizethe solvency of the Superannuation Fund, and endanger the whole scheme. In this connexion, it must be recognized that an extension could not be limited to the officers of the Navigation Department, but that all officers transferred from State services to the Commonwealtn since the act came into operation and inthe future, and all other persons appointed to the Commonwealth Service since the commencement of the act, would be involved.







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