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Wednesday, 11 May 1960


Mr Costa a asked the Treasurer, upon notice -

How many retired officers of the Commonwealth Public Service who are now receiving a super annuation pension were at the time of their retirement contributing for four or less units in accordance with the provisions of sub-section (6). of section 20 of the Superannuation Act 1922- 1959?


Mr Harold Holt - The answer to the honorable member's question is as follows: -

Sub-section (6). of section 20 of the Superannuation Act 1922-1959 provides that an employee who is over 40 years of age' on becoming a contributor may elect to reduce the number of his initial units to not less than two. Contributors may also restrict their unit entitlement by elections under sub-section (7). of section 20 of the Act and this provision is more widely used. Statistics are not kept from which, the information sought could be readily provided. However it is estimated that some 3,400 of existing pensioners, contributed for four units or less but only a small proportion of this group would have elected in the terms of sub-section (6). of section 20.

Payments To or For the States.


Mr Bryant t asked the Treasurer, upon notice -

What amounts have been paid to or for each State for all purposes during each year since 1950?


Mr Harold Holt - The answer to the honorable member's question is as follows: -

The information is set out in the following table. The figures contained in this table are shown in greater detail in the Budget Papers for 1959-60 (pages 138 and 139) and in the Budget Papers of earlier years. These figures include certain payments from the National Welfare Fund which, although made to the States, are designed primarily to assist individuals. On the other hand, the figures exclude payments under the railway standardization agreements with New South Wales, Victoria and South Australia. Comments on the various payments to or for the States are contained in a Statement attached to the annual Budget speech.

 







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