Rensselaer Semi-Weekly Republican, Volume 20, Number 26, Rensselaer, Jasper County, 2 December 1898 — Old Age Pension. [ARTICLE]

Old Age Pension.

The New Zealand Assembly Ims just passed an old-age pension bill which applies to all persons over 60 years old. The pension amounts to but S9O a year, or about $1.75 a week, and no one who has an Income of over $5 a week or property worth more than $2,700 will be entitled to it. Twenty years’ residence in the colony and ten years’ exemplary conduct are among the other qualifications, the vagrant and the drunkard being thus shut off.