[Appendix 14.] NAVY ESTIMATES, 1928. APPENDIX No 14.-DETAILED STATEMENT of Extra Remuneration to NAVY ESTIMATES, 1928. [Appendix 14.] APPENDIX, No. 14.--DETAILED STATEMENT of Extra Remuneration to Salaried Officers, &c., of Naval Establishments, &c.-contd. (a) The retired pay of one clerk has been reduced from 2351. to 1351, by commutation. (b) Reduced from 2401. 10s, by commutation. : 109 10 0 (a)387 0 780 0 0 0 (b)184 10 0 84 8 0 1,526 10 0 NOTE. The statement excludes cases in which the extra remuneration is less than £50 a year. Certain workmen, &c., employed on the Wages Staffs in Shore and Industrial Establishments receive service pensions in addition to the wages of their posts. [Appendix 15.] NAVY ESTIMATES, 1928. APPENDIX No. 15. COST OF LIVING BONUS APPLICABLE TO ORDINARY REMUNERATION (ON A PRE-WAR BASIS). (Note. Remuneration not carrying bonus is shown in Estimates as inclusive.) The Civil Service Cost of Living bonus is subject to revision on 1 March and 1 September of each year and is based on the average of the official increased cost of living figures for the six months preceding the date of revision. Accordingly at the time Estimates are presented it is not possible to forecast the precise rate of bonus which will be payable in the latter half of the year. On ordinary remuneration up to 35s. a week (917. 5s. a year) bonus represents a percentage increase equivalent to the average percentage increased cost of living figure so arrived at. As remuneration increases beyond this point the bonus represents a diminishing percentage increase until a remuneration of 2,0001. a year is reached where no bonus is payable; and bonus is not payable at a rate which will raise the total remuneration above 2,000l. a year. The provision for bonus included in the total remuneration shown in Salary Subheads in the Estimates for 1928 is calculated on the basis of an average increased cost of living figure of 70 but lump sum deductions have been made to such Subheads to allow for fluctuation. Tables A and B following show the amount of bonus that would be payable, on a basis of 70, on typical rates of wages and salaries. Cost of Living Bonus (on the basis of an Average Increased Cost of Living Figure of 70). TABLE A.-OFFICERS ON WEEKLY WAGES. |