2

D.--5

One hundred and seven beneficiaries have, however, died since the inauguration of the Fund, including eleven during the year under review, and seven members who had been placed on the Fund as " medically unfit " resumed duty. The Fund was relieved of an annual liability of £6,931 Os. 7d. in respect to these one hundred and fourteen members. Seventy-seven children have reached the age of fourteen years (sixteen during the past year), four children have died (one during the past year), fourteen widows remarried (four during the past year), and five widows died, lessening the liability of the Fund by an additional £1,398 Os. 9d. per annum. Nine hundred and eighty-six persons were actually on the Fund at the 31st March, 1910, involving an annual liability of £48,468 Bs. lid. J. A. Millar, Minister of Railways, Chairman of the Board of Administrators. Balance-sheet of the Government Railways Superannuation Fund, under Section 90 of the Government Railways Act, 1908, for the Year ended 31st March, 1910. Dr £ s. d. Cr. £ s. d. To Balance brought forward on Ist April, By Life allowances paid, Ist April, 1909, 1909 (including accrued interest) ..157,15114 9 to 31st March, 1910 .. .. 39,240 13 6 Contributions by members .. .. 57,078 10 3 Allowances paid to widows and orphans, Arrears of contributions paid by late 21st Marcn, 1909, to 19thMarch, 1910 4,965 14 8 employees of the Wellington and Payments under section 86 (c), of the Manawatu Railway Company in Government Railways Act, 1908 .. 125 b I terms of section 96 (2), of the Contributions refunded to members Government Railways Act, 1908 .. 808 17 11 who have left the service .. 5,328 8 5 Paid in respect of broken servioe, as Fines remitted and refunded .. 4 lo 0 provided in section 56 of the Public Travelling-expenses of members of Service Classification and Super- Board attending quarterly meetings 43 14 0 annuation Amendment Act, 1908 .. 1,059 8 8 Legal expenses in Fastier s case .. 83 6 b p; nes .. .. 456 0 0 Contributions transferred to Public Interest received '.'. 16 3 Service Superannuation Fund .. 41 4 Interest accrued unpaid 2,508 6 6 Publio Trust Office commission .. 608 4 0 Balance at 31st March, 1910, as per 9 919 2 9 statement from Public Trust Office Less interest accrued, (including accrued interest, £2,508 31st March, 1909 .. 2,142 16 8 6s. 6d.) oarned forward .. ..1*3,8(6 1 8 7,776 6 1 £224,330 17 8 £224,330 17 8 J. A. Millar, Chairman of the Government Railways H. Davidson, Superannuation Fund Board, Chief Accountant, New Zealand Railways. Examined and found correct. —Robert J. Collins, 9th June, 1910. Controller and Auditor-General.

Statement of Receipts and Disbursements of the Government Railways Superannuation Fund for the Year ended 31st March, 1910, under Section 90 of the Government Railways Act, 1908. Receipts. Dr £ s. d. £ s. d. 28th February, 1909, Balance brought forward from 31st March, 1909 .. .. 157,15114 9 to ! Less accrued interest to 31st March, 1909, included.. .. 2,142 16 8 sth March, 1910 i Contributions by staff:— -■ 155,008 18 1 Head and Departmental Offices .. •• 4,412 < o Kawakawa Section .. .. .. • • • ■ 95 2 3 Wbangarei Section .. .. . • • ■ 287 811 Kaihu Section .. .. - - ■ • 126 11 7 Gisborne Section .. .. ■■ 157 14 11 North Island Main Lines and Branches .. .. .. 23,842 0 i South Island Main Lines and Branches .. .. .. 24,813 17 6 Westland Section .. .. •• 1,632 9 4 Nelson Section .. .. •• •• ■• 417 9 3 Westport Section .. .. • • • • | 900 4 0 Pioton Section .. .. • • - • ■ • 385 9 6 Lands and Survey Department .. .. .. 2 2 0 Justice Department .. .. .. •• •• 516 3 Arrears of contributions by late employees of Wellington and Manawatu Railway Company .. .. .. I 808 17 11 Paid in respeot of broken service as provided in section 56 of the Public Service Classification and Superannuation Amendment Act, 1908 .. .. -- .. 1.059 8 8 58,946 16 10 Fines 456 ° ° Interest •• 7,410 16 3 221,822 11 2