Page 42 - Group Insurance and Retirement Benefit IC 83 E- Book

a permissive gratuity, payable out of the rate account, in the event of enforced retirement

before qualifying for pension.
'Designated' employees were entitled to reckon all service between ages 18 and 65, under

all local authorities, as either contributing or non-contributing. Benefits in respect of non-
contributing service were at half the normal rate, chargeable to the superannuation fund;

but authorities could increase this to the full rate, subject to reimbursement from the rate
account to the fund in respect of the additional expenditure. On transfer between 1922

Act authorities, a transfer value was payable provided that there was no disqualifying

break of 6 months or more and that the former authority consented to the transfer.
Some local authorities which did not adopt the 1922 Act established schemes under

privately promoted local Acts. Such schemes did not, in general, recognize service with

any other authority, and the 1922 Act system of transfer values did not apply.
(ii) The Local Government Superannuation Act, 1937, which repealed the 1922 Act as

from 1939, now applies compulsorily to all local authorities other than those with local-
Act schemes. The provisions are generally similar to those of the 1922 Act, but apply

compulsorily to all whole-time ' officers ' (i.e. administrative, professional, technical,
etc.) and at the discretion of the authority to all other employees. Contributions are at the

rate of 6% by Officers' and 5% by ' servants ' (i.e. other than ' officers ') with equal

contributions by the employer.
The Development of Public Superannuation Schemes 13 except that a former ' designated

' officer continues to pay 5 %. Benefits are as in the 1922 Act, except that, for female
nurses and kindred grades who enter local government service after 1939, the compulsory

retiring age is 60, and there is a compensating power for the authority to add years, up to
a maximum of five, for calculation of benefits (the additional cost being chargeable to the

rate account and not to the fund). Provision is made, on the lines of the Superannuation

Act, 1935, for the surrender of part pension in favor of an approved dependant. The
provisions for reckon ability of service are similar to those of the 1922 Act; but

contributors are now empowered to purchase full rights in noncontributing service by

making ' additional contributory payments ' calculated on a prescribed actuarial basis
with reference to age and salary at the date of option.