H.—178

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 OP NATIONAL PROVIDENT FUND VALUATION. Valuation Balance-sheet as at 31st December, 1922. Liabilities. MAIN-FUND AND APPROVED-FRIENDLY-SOCIETIES SECTION. £ £ Value of contributors' pensions already granted .. . . .. .. 1,500 Value of widows'allowances already granted .. .. .. .. 8,300 Value of children's allowances already granted .. .. .. .. 15,900 Value of deferred pensions to survivors of existing contributors .. .. 1,063,030 Value of return of contributions (less benefits) on withdrawal in respect of past contributions .. .. .. .. .. .. .. 86,456 Value of return of contributions (less benefits) on withdrawal in respect of future contributions .. .. .. .. .. . . .. 139,488 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 ta.king place within five years from entry — (а) In respect of past contributions .. .. .. . 16,624 (б) In respect of future contributions .. .. .. 51,279 Value of allowance benefits — (a) Widows'benefits .. .. .. .. .. .. 68,167 (b) Children's benefits .. .. .. .. .. .. 145,970 (c) Incapacity allowances .. .. .. .. .. 63,566 Value of return of balance of contributions where allowances or pensions fall short of the total contributions paid, and of sundry minor benefits .. 5,100 1,665,380

2 —H.-178.

9

Probabilities of Death, Withdrawal, or Probabilities of Death, Withdrawal, or Retirement within a Year (expressed Retirement within a Year (expressed as a Percentage of the Number ex- as a Percentage of the Number ex- . isting in Service at the beginning of . isting in Service at the beginning of Age * the Year). Age - the Year). Death. j Withdrawal. Retirement. I Death. Withdrawal. Retirement. Per Cent. Per Cent. Per Cent. Per Cent. Per Cent. Per Cent. 15 .. 0-16 7-00 .. 41 .. 0-50 1-35 0-10 16 .. 0-16 6-95 .. i 42 .. 0-58 1-20 0-10 17 .. 0-16 6-89 .. S 43 .. 0-56 1-05 0-10 18 .. 0-16 6-81 .. ; 44 .. 0-59 0-90 0-10 19 .. 0-16 6-70 .. 45 .. 0-62 0-80 0-10 20 .. 0-16 6-55 .. 46 .. 0-65 0-70 0-15 21 .. 0-16 6-35 .. 47 .. 0-68 . 0-60 0-20 22 .. 0-16 6-15 .. 48 .. 0-71 0-50 0-25 23 .. 0-16 5-90 .. 1 49 .. 0-74 0-41 0-30 24 .. 0-18 5-65 .. i 50 .. 0-78 0-33 0-35 25 .. 0-20 5-35 .. 51 .. 0-82 0-26 0-40 26 .. 0-21 5-05 .. 52 .. 0-86 0-20 0-45 27 .. 0-22 4-70 .. 53 .. 0-90 0-15 0-50 28 .. 0-24 4-40 .. 54 .. 0-95 0-10 0-60 29 .. 0-26 4-10 .. 55 .. 1-00 0-05 0-80 30 .. 0-28 3-80 .. I 56 .. ! 1-05 0-02 1-20 31 .. 0-30 3-55 .. | 57 .. Ml 0-00 1-90 32 .. 0-32 3-30 .. ! 58 .. 1-17 1 .. 3-00 33 .. 0-34 3-05 .. I 59 .. 1-29 .. 4-50 34 .. 0-36 2-80 .. 60 .. j 1-41 .. 12-00 35 .. 0-38 2-55 .. 61 .. 1-53 .. 12-00 36 .. 0-40 2-30 .. 62 .. 1-68 .. 15-00 37 .. 0-42 2-10 .. 63 .. 1-85 .. 20-00 38 .. 0-44 1-90 0-10 64 .. 2-04 .. 30-00 39 .. 0-46 1-70 0-10 [ 65 .. .. .. 100-00 40 .. 0-48 1-50 0-10