£8,850,000 Extra In First Year
DETAILS OF EXPENDITURE Per Press Association. WELLINGTON, Last Night. The report of the actuary, Mr. Maddex, to the superannuation committee, contained a statement summarising the estimated expenditure lor 1939-40 on a full year's basis under the Government’s proposals compared with the estimated expenditure if no change were made in the existing law. The following figures give details of the estimated expenditure under the Government’s proposals, the estimated expenditure if the existing law were unchanged, being given in parentheses:— Superannuation benefits, £6,200,000 (£3,900.000). Widowed mothers, £630,000 (£500,000). Widow's, £450,000 (—). ‘ "V Orphans, £50,000 (—). Family allowances, £700,000 (£BO,000). Invalidity pensions, £1,050,000 (£750,000). War pensions, £1,600,000 (£1,600000). War veterans’ allowances, £190,000 (£150,000). Miners' pensions, £105,000 (£90.000). Sundry pensions, £25,000 (£ 25,000). Total for above, £11,000,000 (£7,« 095,000). Sickness benefits, ray £1,000,000 (—). Partial disability, say £500,000 <—). Sustenance, say £1,500,000 (£1,500.000). Total for sickness, ete., benefits, £3.000.000 (£1,500,000). General practitioner service, £l.210,000 (nil). Hospital, etc., treatment, £940,000 (nil). Total for health services, £3,000,000 (nil). Total expenditure on all benefits. £17,000,000 (£8,595,000). Expenses of administration (including medical charges for war pensioners, etc., under the existing law). £850,000 (£400,000). Grand total of expenditure, £17,850,000 (£8,995.000). Thus the new proposals are estimated to include an additional expenditure of some £8,850,000 in the first full year
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Bibliographic details
Manawatu Times, Volume 63, Issue 88, 14 April 1938, Page 7
Word Count
210£8,850,000 Extra In First Year Manawatu Times, Volume 63, Issue 88, 14 April 1938, Page 7
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