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Dáil Éireann díospóireacht -
Thursday, 16 Jul 1942

Vol. 88 No. 7

Electricity Supply Board (Superannuation) Bill, 1942—From the Seanad.

I move that the Dáil agree with the Seanad in the following amendments:—

SECTION 2.

1. Sub-section (4) deleted.

SECTION 7.

2. In sub-section (1), paragraph (f), the word "provide" deleted in line 11 and the word "prescribe" inserted instead.

3. In sub-section (4), page 7, line 33, before the word "and" the words "as on and from the date of such election" inserted; and all from the word "enabling" in line 35 to the end of the sub-section deleted and the following substituted therefor:—

"to the following effect in respect of every person who does so elect and does so pay contributions (hereinafter referred to as a contributor), that is to say:—

(a) every contributor shall (save as is otherwise provided in whichever of the two next preceding sub-sections of this section is applicable to him) be entitled to reckon for superannuation benefits under the scheme his service (hereinafter referred to as subsequent service) in the employment of the board on and subsequent to the date of his said election, and

(b) if a contributor pays to the fund set up for the purposes of the scheme appropriate contributions (with compound interest) in respect of his service (hereinafter referred to as prior service) in the employment of the board prior to and ending on the day before the date of his said election, the board shall also pay to the said fund appropriate contributions (with compound interest) in respect of such contributor's prior service and such contributor shall (save as is otherwise provided as aforesaid) be entitled to reckon for superannuation benefits under the scheme his prior service in full as well as so much (whether the whole or a part) of his subsequent service as is reckonable by virtue of the foregoing paragraph (a), and

(c) if any contributor does not pay to the said fund appropriate contributions in respect of his prior service, the board shall pay to the said fund appropriate contributions (with compound interest) in respect of such contributor's prior service and such contributor shall (save as is otherwise provided as aforesaid) be entitled to reckon for superannuation benefits under the scheme one-half and no more of his prior service as well as so much (whether the whole or a part) of his subsequent service as is so reckonable by virtue of the foregoing paragraph (a)."

The only amendment of the three which is of any significance is that which deletes sub-section (4) of Section 2. That amendment was suggested here in the Dáil and agreed to in the Seanad. The other two are only drafting amendments and effect no material change.

Question put and agreed to.
Amendments reported.
Report agreed to, Seanad to be informed accordingly.
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