H—l7b.

LOCAL-AUTHORITIES SECTION. £ £ Value of contributors'pensions already granted .. .. .. .. 69,887 Value of widows'pensions already granted .. .. .. .. 8,600 Value of children's allowances already granted .. .. .. .. 2,510 Value of prospective pensions (based on present salary scale) in respect of past service . . .. .. .. .. .. .. . . 444,869 Value of prospective pensions (based on present salary scale) in respect of future service .. ... .. .. .. .. .. 458,816 Value of prospective pensions to widows .. .. .. .. 80,738 Value of prospective allowances to children .. . . .. . . 11,917 Value of return of contributions on withdrawal (including widow's option in lieu of pension) . . . . .. .. .. .. . . 36,663 Value of return of contributions on death prior to retirement (leaving no widow or children) .. .. . . .. . . . . .. 7,232 Value of return of balance of contributions where allowances or pensions fall short of the total contributions paid, and of sundry minor benefits .. 10,261 1,131,493 £2,796,873 Assets. Accumulated funds .. .. .. .. .. .. .. .. 793,144 Value of future contributions .. .. .. .. .. .. .. 1,593,647 Value of future State subsidies (assumed to be received a year later than contributions) .. 387 ,290 Balance (deficiency) .. .. .. .. .. .. .. .. 22,792 . £2,796,873

Approximate Cost of Paper.—Preparation, not given ; printing (650 copies), £14 10s.

By Authority : W. A. G. Skinner, Government Printer, Wollington.—l92B.

Price 6d.]

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