574 



POST OFFICE SAVINGS BANKS, WITH GOVERN- 

 MENT SECURITY. 



Advantages Offered for Old Age Pensions. 



Provision for old age can be made by buying Savings Bank 

 Deferred Annuities from £i to £100 to begin at any age 

 selected. 



Return of Purchase Money. The Premiums for 

 Deferred Annuities can be returned on application, or on 

 Death before the Annuity begins, if the Contract is taken out 

 on these conditions. 



' Immediate Pensions. Annuities to begin at once, of any 

 amount from £i to ^ioo a year, can be bought through the 

 Post Office Savings Bank. The Purchase Money is payable 

 in a lump sum which is not returnable, and the Pensions are 

 payable half-yearly. 



Savings Banks Annuities are payable by half-yearly instal- 

 ments on the 5th January and the 5th July, or the 5th April 

 and 10th October, according to the date of purchase. 



PROCEDURE. A simple form of Proposal, and a form tor 

 statement of age, can be obtained at any Post Office Savings 

 Bank. When filled up the forms will be forwarded by the 

 local Postmaster to the Chief Office, London, and a Contract 

 will be issued when the first premium has been paid. 

 Annuity Premiums are payable in the same way as Insurance 

 Premiums, namely, by transfers from Savings Bank accounts 



