E.—B.

Liabilities —continued. £ s. d. Assets —continued. £ s. d. Brought forward .. .. .. 1,169,208 8 9 Brought forward .. .. .. 1,184,953 13 11 Reserve for loss on realization of securities- £ s. d. Balance at 31st January, 1927 3,017 3 4 Added, .1,927-28 .. .. 1,820 14 11 4,837 18 3 Less loss, 1927-28 (interest) .. 728 11. 0 — 4,109 7 3 Vouchers issued but unpaid at 31st January, 1928 .. .. 13,163 7 7 Less cash in hands of Post Office 1,527 9 8 1.1,635 17 11 £1,184,953 13 11 £1,184,953 13 11 C. E. Crawford, A.1.A.N.Z., Education Department, Secretary, Teachers' Superannuation Board. Wellington, 30th April, 1928. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General.

2. STATEMENT of CONTRIBUTORS, showing Annual Rates of Salaries and Contributions as at the 31st January, 1928.

3. PARTICULARS of CONTRIBUTIONS discontinued and Allowances granted and Refunds of Contributions made during the Year ended 31st January, 1928.

5

Number. Annual Rate of Salary. Annual Rate of Contributions. M. F. Total. Contributors at 31st January, 1927 ... New contributors entered during the year ended 31st January, 1928 Transfers from other funds during the 3,256 278 5,115 561 8,371 839 £ 2,251,847 130,870 £ 123,801 6,947 2 2 875 50 year Net increase in salaries and contributions during the year 83,058 4,247 Totals 3,536 5,676 9,212 2,466,650 135,045 Contributions discontinued during the year ended 31st January, 1928, by resignation, &c. Totals at 31st January, 1928 1.24 408 532 139,632 8,062 3,412 5,268 8,680 2,327,018 126,983

Number of Contributors. How discontinued. M. F. $ o EH "3 O Bi Annual Rate at Date of Withdrawal. Benefits. ... Other PavAllowances: , , ■ , i -d i ments (nonAnnual Rate. > , recurring). Salary. Contributions. By death before allowance £ £ £ £ s. d. entered upon — («) Contributions paid to per- 3 4 7 sonal representatives (b) Leaving widow or child. .516 By voluntary retirement . . 57 285 345 By lapsed membership .. 18 52 7C By transfer to other funds . . 4 . . 4 By allowances granted on retirement— (a) Ordinary .. .. 34 63 9 1 ! (b) Medically unfit .. 3 2 E (c) Extended provisions .. 4 2 (. By death of annuitants Additional in respect to dea.th in previous years 3 5 57 18 4 4 1 285 52 7 6 342 70 4 1,640 2,618 79,707 12,019 1,075 38,984 1,625 2,560 93 151 4,227 633 54 2,654 96 184 317 851 10 10 1,328 "1.8 4 20,860 6 2 1,741 13 1 336 3 2 34 3 4 63 2 2 97 5 6 579 26 1,012 12 7 0 10 0 128 409 537 Less— Previously written off as lapsed but: Now included above 2 1 c under deaths and transfer to other fund Now found not to have 2 .. 2 lapsed 128 409 537 140,228 8,092 26,131 14 2 320 16 34 8 0 2 2 276 14 21 15 4 Net'totals .. .. 124 408 532 124 408 532 139,632 8,062 26,075 10 10