[UMA-SRE-20000130] Pensions Committee Proposals for Lower Benefits Scheme

Description

IdentifierUMA-SRE-20000130Extent1 vol. (vinyl-clad)Linear Meterage0.05Scope and ContentAt their meeting on the 15th of July 1968, the Administrators of the Samuel Gillot Provident Fund recommended that "consideration be given to the introduction by the University of another scheme, for which contributions would be lower and the benefits payable would supplement benefits of a Social Service kind provided by the government." In November that year, the Administrators submitted their proposals to the Pensions Committee for consideration. A draft amendment to statute 3.16 (Samuel Gillot University Provident Fund) was put to the Pensions Committee in 1970 - its aim was to provide lower retirement benefits for lower contributions for selected classifications of staff. In September 1971, amendments to the Schedule of Statute 3.16 led to provision being made for certain members of the fund to contribute at half-rate and receive half-benefits. Further consideration of the Lower Benefits Scheme by the Pensions Committee would not be required any more. Summary of Contents Extracts of minutes of meetings of the Administrators of the Provident Fund and Staff Superannuation Scheme and the Pensions Committee relating to proposed Lower Benefits Scheme; Statistical analyses in the form of tables; Proposals put forth by the Colonial Mutual Life Assurance Society Limited and the National Mutual Life Association; Draft Statute 3.16a ; Correspondence; Report by Palmer, Trahair and Owen on Possible Superannuation Arrangements for Employees Who Are Not Members of Either the Samuel Gillot Provident Fund or the Staff Superannuation Scheme. Note On Format Vinyl-bound volume. Not indexed. Includes typed committee extracts, handwritten entries on lined paper and reports prepared by external bodies. Collection CategoryUniversity, officialAccess StatusAccess restrictions applyRequest Access to RecordsRequest records from this Series

Provenance

CreatorPensions Committee (The University of Melbourne)

Dates

Date1968-1971

Description Control

Previous System ID2000.0130Records Services IDUM464Source of DescriptionTabulariumDescriptive NoteNo Finding Aid. Request all boxes

Relationships

Feature CollectionRecords of the University of Melbourne

University of Melbourne Archives

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[UMA-SRE-20000130] Pensions Committee Proposals for Lower Benefits Scheme