NATIONAL PROVIDENT FUND.
The' fifteenth annual report of the National Provident Fund states that at 31st December, 1925, the contributors to the fund numbered 25,703. The total income for the yoar amounted to £273,456, of which £161,415 represented payments' by contributors aud £70,560 interest. At the close of tho year the fund amounted to £1,377,967, an increase of £212,683. During the year allowances for maternity amounted to
£38,538—£31,650 for members of "approved" friendly societies and £6888 for contributors to the fund, whilst £20,668 was paid out on retirement and incapacity and in allowances for widows and children. The rate of interest earned was £5 14s per centt, and the expenses of administration in respect of ordinary contributors were per cent., as compared with 25.1 fper cent, for the previous year.
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Bibliographic details
Evening Post, Volume CXII, Issue 25, 29 July 1926, Page 10
Word Count
130NATIONAL PROVIDENT FUND. Evening Post, Volume CXII, Issue 25, 29 July 1926, Page 10
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