WAR PENSIONS
THE BILL TO DATE.
Starting with a modest £13,910 in the financial year 1915-16, New Zealand's war pensions bill i>assed tho half-million mark last year, and reached a total of £742,585 during the first oig-ht months of this financial year. New Zealand has already paid out in pensions as a result of the great war a sum of £1,452,329, and the 25,813 pensions granted involve an annual liabilitv of £1,711,481. _ Successive improvements in the pension scale, and tho more serious cases which had to bo dealt with as the campaign progressed, resulted in the average pension rising from £46 in J1915-16, £53 tho following year, to £67 per annum to-day. Tho wholo financial position as at November 30 i& summarised as follows:— Annual liability. Number. Amount. At March Zl, 1918 ... 14,497 £904,383 Plus ' now pensions, 1918-19, to Nov. 30... 3,696 589,229 Totals 23,193 £1,493,612 Less deaths and cancellations, 1918-19, to -~ Nov. 30 2,352 141,030 Actual, cost at present dato 20,841 £1,352,612
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19181220.2.43
Bibliographic details
Otago Daily Times, Issue 17503, 20 December 1918, Page 5
Word Count
163WAR PENSIONS Otago Daily Times, Issue 17503, 20 December 1918, Page 5
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