In Doug Wilson's article on the new National Superannuation in Salient of .March 13, the Labour Government's proposal is depicted as a far sighted social measure which is part of what he calls a 'logical and well developed economic plan'. His claim that it will .provide improved and more widespread retirement benefits is true — but he has failed to appreciate some aspects of the scheme which make this an uncertain, delayed and inequitable form of superannuation with principles vastly inferior to those of the first Labour administration.

His thoughts about what will be done with the large fund of money collected by the Government are no more than guesses. Past experience shows there is no guarantee that the fund will end up by benefiting the New Zealand worker.