U.T.A. Pensions p ENSIONS schemes have been started for both wa g es
3rd January 1964, Page 32
3rd January 1964
Page 32
Page 32, 3rd January 1964
— U.T.A. Pensions p
ENSIONS schemes have been started for both wa
g
es
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Keywords :
Pensions In The United Kingdom, Financial Services, Investment, Employment Compensation, Pension, Personal Finance, Finance, Economics, Labor, Social Issues, Politics, Business / Finance
and salaried staff of the Ulster Transport Authority. The scheme for wage earners will provide a uniform basis of pension for all employees with more than 20 years' service. Maximum pension will be 30s. a week for most men, with 40s. a week for a number of grades, including drivers and conductors. Details of the salaried staff scheme will be available later this month. The scheme for wage earners will cost the Authority an estimated £60,000 a year, and a further £70,000 for the salaried staff scheme. Mr. W. Craig, NJ. Minister of Home Affairs, said that the effect of this would only add to the Authority's deficits.
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