D.—s

an annual liability of £18,481 15s. Id. in respect to these 285 members ; 209 children have reached the age of fourteen years, five children have died, 39 widows remarried, and 17 widows died, and 1 widow refused allowance; lessening the liability of the Fund by an additional £3,816 Os. 6d. per annum. There were 1,373 persons actually on the Fund at the 3.lst March, 1915, involving an annual liability of £79,936 Os. lOd. W. H. Herries, Minister of Railways, Chairman of the Government Railways Superannuation Fund Board. Revenue Account of the Goveenment Railways Superannuation Fund under Section 90 of the Government Railways Act, 1908, for the Year ended 31st March, 1915. Dr. £ a. d. j Cr. £ s. d. £ a. d. To Balanoe brought forward on Ist April, j By Life allowances paid 69,638 14 3 1914 .. .. .. .. 295,469 11 6 Life allowances due Contributions paid .. £73,939 19 1 notpaid .. .. 645 15 11 Contributions due not paid .. .. 6,938 6 10 £70,284 10 2 Less life allowances £80,878 5 11 due not paid 31st Less contributions due March, 1914 .. 204 7 9 not paid 31st Maroh, 70,080 2 5 1914 .. .. 6,254 10 7 Allowances to widows 74,623 15 4 j and orphans paid .. £7,397 14 1 Arrears of oontribu- Allowances to widows tions due by mem- and orphans due bers in respect to not paid.. .. 373 18 5 casual service .. £3,924 6 0 Less arrears of oon- £7,771 12 6 tributionß on ac- Less allowances to oount of oasual ser- widows and orphans vice due not paid due not paid 31st 31st Maroh, 1914.. 3,524 9 7 Maroh, 1914 .. 334 2 7 399 16 5 I 7,437 9 11 Donation, His Excellency the Governor 10 10 0 Payments under scoFinespaid.. .. £569 0 6 tion 86 (c) .. £81 5 1 Fines due not paid .. 53 2 G Payments under section 82 (8) .. 843 15 9 £622 3 0 Contributions reLess fines due not paid funded .. .. 9,068 1 4 31st March, 1914 .. 44 15 0 Contributions duo for 577 8 0 refund not paid . . 519 16 9 Payment from Consolidated Fund .. 50,000 0 0 Interest reoeived .. .. .. 13,217 17 1 £10,512 811 Less contributions not refunded 31stMarch, 1914 .. .. 207 6 0 10,305 12 11 Fines refunded .. £5 17 6 Fines due for refund not paid.. .. 0 10 0 6 7 6 » Travelling - expenses of members of Board .. .. .. .. 27 18 0 Contributions transferred to Publio Service Superannuation Fund .. 43 19 5 Publio Trust Office charges .. 241 10 0 Amount of Fund at close of year .. 346,155 18 2 £434,298 18 4 £434,298 18 4 Balance-sheet of the Government Railways Superannuation Fund under Section 90 of the Government Railways Act, 1908, for the Year ended 31st March, 1915. Liabilities. Assets. Dr. £ s. d. . Cr. £ s . d. Fund as per Revenue Account above .. 346,155 18 2j In hands of Publio Trustee .. .. 336,780 311 Life allowances not paid .. .. 645 .15 11 ; Contributions and fines in transit .. 6,991 9 4 Widows' allowances not paid.. .. 373 18 5 i Arrears of contributions due by members Contributions due to be refunded not in respect to casual service .. 3,924 6 0 paid .. .. .. .. 519 16 9 Fine due to be refunded not paid .. 0 10 0 £347,695 19 3 £347,695 19 3 W. H. Herries, Chairman of the Government Railways H. Davidson, Superannuation Fund Board. Chief Accountant, New Zealand Railways. Examined and found correct. —Robert J. Collins, 19th June, 1915. Controller and Auditor-General.

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