H—26

1913. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (FIFTH ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE YEAR ENDED 31st DECEMBER, 1912.

Presented to Parliament pursuant to the, Provisions of the, Public Service. Classification and Superannuation Act, 1908.

EBPOET. The Board has the honour to submit the following report upon the transactions in connection with the Public Service Superannuation Fund. The Revenue Account, Balance-sheet, and Statements regarding membership and retiring and other allowances will be found appended. Board. —The following changes in the personnel of the Board occurred during the year: W. C. Kensington, Esq., 1.5.0., and F. G. B. Waldegrave, Esq., tendered their resignations on account of retirement from the service. H. J. H. Blow, Esq., 1.5.0., and J. Strauchon, Esq., 1.5.0., were appointed to fill the vacancies. J. W. Poynton, Esq., resigned his seat on transfer from Wellington, and Colonel Campbell was appointed in his stead. The resignation of H. E. Spence, Esq., on his transfer to London created an extraordinary vacancy in the number of elective members, and M. Fraser, Esq., being the only candidate nominated, was declared duly elected. The general election of members will take place in the month of March, 1914. Contributors. —The number of new contributors who joined the scheme during the year was considerably greater than in previous years, the following table jcontaining the usual particulars :—

The following table contains particulars of the public servants who were contributing to the fund at the end of the year 1912 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contributions : —

Rate per Cent, of Contribution as proviaea by the Act. Number. Female. Total. Annual Salary. Annual Contributions. Male. 5 6 7 8 9 10 872 118 89 61 36 55 3 169 32 15 11 5 5 1,041 150 104 72 41 60 3 £ s. a. 75,389 10 0 22,430 16 8 18,227 10 0 12,021 17 6 6,560 0 0 9,856 3 4 910 0 0 £ s. a. 3,769 9 6 1,345 17 0 1,275 18 6 961 15 0 590 8 0 985 12 4 51 0 0 iy transfer Totals... 1,234 237 1,471 145,395 17 6 8,980 0 4

Rate per Gent, of Contribution as provided by the Act. i Male. Number. Female. Number. Total. Annual Salary. Annual Contributions. 5 6 7 8 9 10 5,044 1,085 820 668 578 678 834 119 75 62 31 33 5,878 1,204 895 730 609 711 £ a. d. 732,445 5 0 234,700 16 8 193,030 0 0 169,150 6 3 159,881 13 4 177,023 1 8 £ 36,622 14,082 13,512 13,532 14,389 17,702 s. d. 5 3 1 0 2 0 0 6 7- 0 6 2 Totals 8,873 1,154 10,027 1,666,231 2 11 109,840 1 11