Railway Provident Institutions in English-Speaking Countries; Being a Consolidation of Reports Submitted to the Permanent International Commission of the International Railway Congress at Brussels, Belgium, Europe, Under Date of July 1st

Railway Provident Institutions in English-Speaking Countries; Being a Consolidation of Reports Submitted to the Permanent International Commission of the International Railway Congress at Brussels, Belgium, Europe, Under Date of July 1st

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1905 edition. Excerpt: ...benefit: Upon death of a member's wife he receives a funeral benefit of 5. Sick members' contributions. Assurance payable on death or superannuation. Superannuation. Commutation of allowance. Widow's allowance. Assurance: tat Class, ind Class. If paid to member on superannuation. 40 25 If paid on death before superannuation... 60 35 Full assurance not payable for less than two years' membership; for not less than 12 months' membership, assurance of 10 payable. Assurance is payable to member on his becoming entitled to superannuation; or in the event of his death it is payable to his proper representative, unless it has previously been paid to the member himself on his superannuation. Superannuation allowance: 1st class i 5s. per week. 2nd class 3s. 6d. per week. In certain special cases the rates of superannuation are increased to: 1st class 10s. net per week. 2nd class 6s. 2d. net per week. The General Committee has power to negotiate and agree with any superannuated member for the payment to him of a sum of money as purchase-money or commutation of his allowance. Widow of member receives, subject to prescribed conditions, following allowance from the funds: These allowances may be commuted by payment of a lump sum. Receipts. Operative cost. Expenditure. Number members. Receipts from all sources during year 1903, 37,034. Cost of operation since institution, 9,662. Expenditure for allowances since inauguration, 99,932, or an average per capita allowance of 23. Expenditure, for all expenses, during year 1903, 23,039. Members December 31, 1903, 6,013. Clearing House Fund. Lancashire, Derbyshire & East Coast Railway. (60 miles; 614 employes.) Officers, station masters, and clerks...show more

Product details

  • Paperback | 110 pages
  • 189 x 246 x 6mm | 213g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236649664
  • 9781236649669