H.—l7b

TABLE V. EXPERIENCE TABLE. Probabilities per Cent, per Annum of Death, Withdrawal, and Retirement used in the Calculation of Valuation Factors for the Standard Local-authorities Scheme. Contributing Members: Males.

TABLE VI. SUMMARY OF NATIONAL PROVIDENT FUND VALUATION. Valuation Balance-sheet as at 31st December, 1919. Liabilities. main-fund and approved-friendly-societies section. Value of allowances already granted to 28 widows of contributors, totalling £546 £ £ per annum .. .. .. .. .. .. .. .. 4,865 Value of allowances already granted to 67 children of deceased contributors, totalling £1,306 per annum .. .. .. .. .. .. 9,833 Value of deferred pensions to survivors of existing contributors .. .. 648,471 Value of return of contributions (less benefits) on withdrawal in respect of past contributions .. .. .. .. .. .. .. 53,360 Value of return of contributions (less benefits) on withdrawal in respect of future contributions .. .. .. .. .. .. .. 102,668 Value of return of contributions (less benefits) on death : In the main scheme this is limited to death (i) without children, or (ii) with children, and death taking place within five years from entry— (a.) In respect of past contributions .. .. .. .. 10,737 (6.) In respect of future contributions .. .. .. .. 41,883 Value of allowance benefits (immediate to 4,672 members, and vesting five years after entry in the case of 10,220 members) — («.) Widows'benefits .. .. .. .. .. ..52,385 (&.) Children's benefits .. .. .. .. .. .. 113,289 (c.) Incapacity allowances .. .. .. .. .. 41,403 Value of return of balance of contributions where allowances or pensions fall short of the total contributions paid, and of sundry minor benefits .. 3,850 1,082,744

8

Probabilities Retirement as a Pen existing in of the Yea of Death, Wi t within a Yet centage of t Service at tl I). ithdrawal, or ir (expressed ihe Number lie beginning Probabilities of Death, Withdrawal, or Retirement within a Year (expressed as a Percentage of the Number existing in Service at the beginning of the Year). Age. Age. Death. Withdrawal. Retirement. * Death. Withdrawal. Retirement. 15 10 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Per Cent. 0-24 0-25 0-25 0-26 0-27 0-28 0-28 0-28 0-29 0-29 0-30 0-30 0-31 0-32 0-32 0-33 0-34 0-35 0-36 0-37 0-38 0-39 0-40 0-42 0-44 Per Cent. 6-40 6-45 6-43 6-30 6-00 5-50 4-80 4-00 3-30 2-70 2-30 2-20 2-20 2-30 2-34 2-34 2-25 2-10 1-90 1-65 1-50 1-35 1-20 1-05 0-95 Per Cent. 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 Per Cent. 0-46 0-48 0-50 0-52 0-54 0-57 0-60 0-63 0-66 0-70 0-75 0-80 0-85 0-90 0-96 1-04 111 1-20 1-30 1-40 1-50 1-62 1-77 1-94 2-14 Per Cent. 0-85 0-85 0-85 0-85 0-83 0-74 0-64 0-50 0-35 0-30 0-30 0-30 0-30 0-30 0-30 0-30 0-30 0-30 0-30 0-23 Per Cent. 0-10 0-10 0-10 0-10 0-10 0-13 0-20 0-30 0-35 0-39 0-40 0-40 040 0-40 0-44 0-80 1-40 2-40 2-60 3-50 5-70 12-30 19-70 32-70 45-10 0-10 0-10 0-10 0-10 0-10