years, shall be required to become subscribers. No 

 r the age oi' forty-five years hereafter 

 becoming an employee of the Corporation shall be 

 permitted to become a subscriber. 



§ 10. For the purpose of facilitating the Pension Director to 

 Board in determining who shall be qualified as certify who 

 permanent employees to become subscribers when these aropcr ' 

 rules take- effect, the Director, immediately upon the™ "f n 



adoption of these rules, shall certify to the Pension 

 Board the names of all persons whom he deems to be 

 permanent employees of the Corporation. 



§ 11. It shall be the duty of the said Director 

 whenever and as often as persons shall be employed 

 by the ( 'orporation after these rules take effect, 

 immediately to certify the fact to the Pension Board 

 with a statement whether, in his opinion, the employ- 

 ment of such persons is likely to be permanent. 



§ 12. In the event of the resignation or dismissal of Besi^na- 

 a subscribing employee who shall not be entitled to a 00 " 01 " 

 pension or gratuity under any other provision of these s ^'' 



rules, there shall be returned to such employee the 

 amount of his or her contributions to the Pension Fund 

 with simple interest at the rate of three per cent, per 

 annum. 



§ 13. In the event of the death of a subscribing Qnttttj 

 ployee who (1) is not entitled to a pension under paidin 

 any of the provisions of these rules, or (2) who, being eTent of 

 entitled t«> a pension under these rules by reason of age l ^ lein 

 or term of service, is still in the service of the ( 'or- tll( . s( . n f co 

 poratinn at the time oi' his or her death, there shall 

 aid to the beneficiary or beneficiaries, if any, of 



such de : employee, d'-iirnated as hereinafter 



ill of Buch beneficiary or bene- 

 . to the oearesl relative oi" such deceased em- 

 ployee according to the order of precedence enumerated 



