ami each such instalment shall be deducted bj the Cor- 

 poration from the pay of said subscriber and paid Into 

 the Pension Fund. In the event thai the salary of any sub- 

 scribing employee shall he reduced, he or she may, never- 

 theless, contribute to the said Pension Fund at the same 

 rate as b such reduction, and, in that case, upon re- 



tirement, he or she shall be entitled to the same gratuity 

 or pension as he or she would have enjoyed if Buch re- 

 duction had not taken pla< 



".. In the event that leave of absence without pay 



shall he granted to a Subscribing employee who shall still 



remain in the service of the Corporation, the said sub- 

 scribing employee shall continue to contribute to the said 

 Pension Fund in monthly instalments a sum equal to 

 that which he or she was contributing during the period 

 immediately preceding the granting of such leave of ab- 

 sence and thereupon, for the purposes herein set forth, the 

 said employee shall be deemed to remain in the continu- 

 service of the Corporation. A sum equal to that so 

 contributed by such employee shall be contributed, in 

 such a case, by the < Corporation. 



6. If the contributions of any subscribing employee 

 who remains in the service of the Corporation shall re- 

 main unpaid, lor any reason, \'<>v a period of six months, 

 the said subscribing employe.- shall no longer ho entitled 

 to any of the benefits herein mentioned, ami the amount 

 of his or her contributions to said Pension Fund, with 

 simple interest at the rate of three j»<*r cent per annum, 

 less his or her indebtedness to said Pension Fund, shall 



•turned to him or her. 



7. II any time it shall appear that it is unne 

 for the successful administration of the pension 



