Superannuation Amendment Act 1957
Superannuation Amendment Act 1957
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Superannuation Amendment Act 1957
Superannuation Amendment Act 1957
Public Act |
1957 No 16 |
|
Date of assent |
4 October 1957 |
|
Contents
An Act to amend the Superannuation Act 1956
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:
1 Short Title
This Act may be cited as the Superannuation Amendment Act 1957, and shall be read together with and deemed part of the Superannuation Act 1956 (hereinafter referred to as the principal Act).
Government Service Superannuation
2 As to election to contribute in respect of prior service
Section twenty-three of the principal Act is hereby amended as follows:
(a)
By omitting from subsection one the words “continuous service”
, and substituting the word “service”
:
(b)
By inserting in subsection one, after the words “is not included”
, the words “and has never been included”
.
3 Persons employed in Government of Western Samoa may become subject to principal Act
Section fifty of the principal Act is hereby amended by adding to subsection eight the following paragraph:
“(f)
Such other office or class of offices in the service of the Government of Western Samoa as the Minister of Finance may from time to time prescribe by notice in the Gazette”.
4 Section 51 of principal Act (as to computation of contributory service in island territories) amended
Section fifty-one of the principal Act is hereby amended by omitting from subsection two the words “ten years”
, and substituting the words “nine years”
.
Superannuation of Judges
5 Retiring allowances of Judges
(1)
Subsection one of section seventy-six of the principal Act is hereby amended by inserting, after the words “if any”
, the words “and by a proportionate part of one twenty-fourth of that salary for each fraction of a year”
.
(2)
Subsection two of section seventy-six of the principal Act is hereby amended by inserting, after the words “if any”
, the words “and by a proportionate part of one twenty-fourth of that salary for each fraction of a year”
.
Parliamentary Superannuation
6 Contributions and retiring allowances of members who retired before 1955
Notwithstanding anything in sections eighty-three and eighty-four of the principal Act, the contributions and retiring allowances of contributors who ceased to be members before the first day of January, nineteen hundred and fifty-five, shall be computed in accordance with sections seventy-six and seventy-seven of the Superannuation Act 1947 as if the Superannuation Amendment Act 1955 and the principal Act had not been passed.
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Versions
Superannuation Amendment Act 1957
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