Ursachen der Amerikanischen Concurrenz

Bibliographic data

Monograph

Identifikator:: 82998979X

URN:: urn:nbn:de:zbw-retromon-86655

Document type:: Monograph

Title:: Ursachen der Amerikanischen Concurrenz

Place of publication:: Berlin

Publisher:: Bahr

Year of publication:: 1883

Scope:: 1 Online-Ressource (825 S.)

Collection:: Economics Books

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MAJORITY REPORT. =Y classes should be increased, the special rates of contribution thus being diminished. The question is a little complicated, because sickness benefit is also one of the benefits withheld in the circumstances indicated, and under the proposals of the Actuarial Committee the provision to be made in future for this benefit is to be slightly decreased. After bringing this into account, we are informed that the reduction from the civilian contribution, in the case of both the classes under discussion, should be increased by 4d. a week. Accordingly, the special rate for the men serving with the Forces should in future be 3d. a week instead of 34d., and the rate for foreign-going seamen should be 63d. instead of 7d. The fraction of three-sevenths, mentioned in the proviso to Section 62 (3) of the Act of 1924, should become three-fifths. 192. The same point arises in respect of the extensions of benefits which may be provided from the other part of the margin released under the recommendations of the Actuarial Committee. In so far as this margin may be applied to the provision of benefits which the man serving with the Forces cannot obtain, the contribution paid for him should be reduced correspondingly. Similarly, if in any material degree the foreign-going seaman is debarred by the conditions of his employment from obtaining the new benefits the contribution paid for him should be adjusted. But until the new benefit has been definitely selected its incidence at the ages of the men concerned cannot be estimated and its effect on the contributions of these special classes cannot be com- puted. Af the present stage, therefore, we must content ourselves with drawing attention to this point. 193. A similar adjustment is necessary in the case of a volun- tary contributor with an income exceeding £250 a year. Such a contributor is not entitled to medical benefit, and the Act pro- vides that, in consideration of this, a reduction of 2d. a week is to be made in the contribution payable by him. This amount represents approximately the payment (viz., 9s. 6d. a year), which is made out of the funds of Approved Societies in respect of the cost of medical benefit for each of their members. If, in accordance with our recommendation, this sum of 9s. 6d. is increased to 12s. 6d., the reduction of 2d. a week should be corre- spondingly increased to 3d. FINANCIAL READJUSTMENTS. 194. On the more technical points brought to our notice by the Actuarial Committee, we are naturally inclined to follow the expert professional advice offered to us, and we accordingly make the following recommendations :— (1) That Section 67 of the Act should be amended to provide that the amount of the weekly contribution to be devoted to providing interest on and redemption of reserve values be reduced from 1d. in the case of men and from nine- 34 700% D 3

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