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NATIONAL PROVIDENT FUND

With an income for the year of £436,279, the National Provident Fund at December 31 last stood at £3,756,980, which represents an improvement of £255,430 on the position at the end of tho previous year. '

Contributors, who totalled 24,949, paid in £220,848, and £162,184 was earned in interest. Benefits paid out amounted to £205,723. Tho rate of interest earned was £4 11s 5d per cent., and the expenses of administration regarding ordinary ■ contributions were at the rate of 19.33 per cent, of contributions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340808.2.155

Bibliographic details

Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 16

Word Count
86

NATIONAL PROVIDENT FUND Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 16

NATIONAL PROVIDENT FUND Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 16