H.—26

The following table contains particulars of the public servants who were contributing to the Fund at the end of the year (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Full particulars regarding contributors, including those who have retired from the Government service and are now on the fund, will be found in the statements appended. Retiring and other Allowances .-Pensions for £19,747 14s. 9d. per annum were granted during the year, as follows: For age or length of service, £17,038 8e Bd. per annum to 153 members (147 male and 6 female members). For medical unfitness for duty, £1 958 bs. Id. per annum to 19 members (all male). To widows and children of deceased members £504 per annum to 28 widows, and £247 per annum to 19 children The allowances in the case of two widows, and one child were deferred under section 45 until 23rd May, 1916, 28th August, 1918, and 3rd July, 1922, respectively. . „.,, a Q j The largest "retiring-allowance granted during the year to a contributor was £033 6s. Bd., and the smallest £8 Bs. 10d. per annum, while the average was £110 Bs. lid. The total retiring-allowances for the year (£19,747 14s. 9d.) may seem unusually large as compared with the previous year (£8,950 18s. IOd), but it must be remembered that were entitled to a sum of £54,786 6s. Id. compensation accrued under the Civil Service Act 186b, if they had not become participants of the Fund under the Public Service Superannuation Act. Eight retiring-allowances were discontinued by death, and 3 children reached age 14, and their allowances consequently expired. »*„*■•» im i ■ 4.1 The annual amount payable at the close of the year was £27,588 17s. lOd., as shown in the statement attached. . Income.— The total income for the year was £108,339, made up as follows:Members'ordinary contributions ... ■•• ••■ ■•• 81 ' 6^ Transferred from other funds ... ••• ■•■ ••• Ai Members' contributions to enable previous service to be counted, as provided by the Act ... ... ••• ■•• - J'jgJ Contributions from Government ... ••• ■•• •■■ 'Yon Fines ... •■■ ■•• ••• •■• 5 3ig Interest ... ••■ •■• , •■■ Total income for the year ... .-• ••■ 108,339 Eleven contributors availed themselves of the provisions of section 50 of the Amendment Act, enabling them to count previous service by paying five years' contributions. The amount so paid " o^oo.—The pensions paid to retired contributors or to the dependants of deceased contributors during the year amounted to £17,862 ss. 9d.-viz., £17,051 9s. 4d. to members, and £810 16s. sd. to widows and children. „ ■ Refunds of contributions to contributors who have left the service amounted to £3,464 2s Sd., while the refunds to personal representatives of deceased contributors amounted to £148 7s. 6d One contributor elected under section 38 to receive a refund of his contributions amounting to £20 11s. Bd., plus his compensation from the Government under the Civil Service Act, 1866, in lieu of a retiring-allowance. •.-,., ■ ■ c Three contributors were transferred to other Funds in accordance with the provisions of section 48 of the Amendment Act, and their contributions, amounting to £4 lie 6d were accordingly transferred to such other Funds. The salaries of the staff (excluding that of the Secretary, paid out of the Consolidated Fund as provided under section 25 of the Act) and other office expenses were £672 16s. Bd. and £43 18s. 3d. respectively. _ , The travelling expenses of the elected members of the Board amounted io £62 4s. Id The Public Trustee's charges for commission (at the rate of \ per cent, on all contributions received, excluding the Government contribution of £20,000, and 5 per cent, on all interest collected, excluding interest paid by ,his own office), including that accrued due, amounted to £659 19s. Bd,

2

Rate per Cent, of Contribution — as provided by the Act. Male. Number. Female. Number. I Total. Annual Salar; Annual Contributions. 5 6 7 8 9 10 3,314 784 640 528 474 734 597 94 62 42 24 29 3,911 878 702 570 498 763 £ s. d. 406,203 18 4 155,980 12 6 139,156 5 0 126,941 19 7 126,506 13 4 190,207 17 6 £ s. d. 20,310 3 11 9,358 16 9 9,740 18 9 10,155 7 2 11,385 12 0 19,020 15 9 Total ... 6,474 848 7,322 1,144,997 6 3 79,971 14 4