§ Mr. JOYNSON-HICKSasked the Postmaster-General whether he is aware that the Post and Telegraph (Northampton) Society, formed under official auspices, was, on the passing of the National Insurance Act, in such a condition that the death benefits payable to the old members were reduced by 75 per cent.; and whether he can cause an inquiry to be held into the position of the society?
§ Mr. HOBHOUSEI understand that in March, 1914, the Actuary reported that the benefits payable by the Northampton
Benevolent Society were on too generous a scale, and that at the annual meeting of the society in June last it was decided to adopt the measures, including in some cases reduction of death benefits, which the Actuary regarded as essential to the financial soundness of the society. In these circumstances I see no reason to intervene in the matter.