H—l7c

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, 1925. Liabilities. MAIN-FUND AND APPROVED-FRIENDLY-SOCIETIES SECTION. £ £ Value of 8 pensions for £572 per annum already granted .. .. .. 6,455 Value of allowances already granted to 88 widows of contributors, totalling £1,716 per annum .. .. .. .. .. .. 9,600 Value of allowances already granted to 200 children of deceased contributors, totalling £3,900 per annum. . .. .. .. .. .. 17,000 Value of deferred pensions to survivors of existing contributors . . . . 1,311,770 Value of return of contributions (less benefits) on withdrawal in respect of past contributions .. .. .. .. .. .. .. 108,632 Value of return of contributions (less benefits) on withdrawal in respect of future contributions .. .. .. .. .. .. .. 147,202 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 — (o) In respect of past contributions .. .. .. .. 24,329 (b) In respect of future contributions .. .. .. .. 55,860 Value of allowance benefits (immediate to 10,975 members and vesting five years after entry in the case of 11,849 members) — (a) Widows' benefits .. .. .. .. .. .. 79,825 (b) Children's benefits .. .. .. .. .. .. 170,904 (c) Incapacity allowances .. .. .. .. .. 75,054 Value of return of balance of contributions where allowances or pensions fall short of the total contributions paid, and of sundry minor benefits .. 6,600 2,013,231

2—H. 17c.

9

Probabilities of Death, Withdrawal, or Retirement within a Year (expressed as a Percentage of the Number ex- . isting in Service at the beginning of Age * the Year). Death. Withdrawal. Retirement. Per Cent. Per Cent. Per Cent. 15 .. 0-16 7-00 16 .. 0-16 6-95 17 .. 0-16 6-89 18 .. 0-16 6-81 19 .. 0-16 6-70 20 .. 0-16 6-55 21 .. 0-16 6-35 22 .. 0 10 6-15 23 .. 0-16 5-90 24 .. 0-18 5-65 25 .. 0-20 5-35 26 .. 0-21 5-05 27 .. 0-22 4-70 28 .. 0-24 4-40 29 .. 0-26 4-10 30 .. 0-28 3-80 31 .. 0-30 3-55 32 .. 0-32 3-30 33 .. 0-34 3 05 34 .. 0-36 2-80 35 .. 0-38 2-55 36 .. 0-40 2-30 37 .. 0-42 2-10 38 .. 0-44 1-90 0-10 39 .. 0-46 1-70 0-10 40 .. 0-48 1-50 0-10

Probabilities of Death, Withdrawal, or Retirement within a Year (expressed | as a Percentage of the Number ex- , ao istinK in Service at the beginning of Age - the Year). Death. Withdrawal, j Retirement. Per Cent. Per Cent. Per Cent. 41 .. 0-50 1-35 0-10 42 .. 0-53 1-20 0-10 43 .. 0-56 1-05 0-10 44 .. 0-59 0-90 0-10 45 .. 0-62 0-80 0-10 46 .. 0-65 0-70 0-15 47 .. 0-68 0-60 0-20 48 .. 0-71 0-50 0-25 49 .. 0-74 0-41 0-30 50 .. 0-78 0-33 0-35 51 .. 0-82 0-26 0-40 52 .. 0-86 0-20 0-45 53 .. 0-90 0-15 0-50 54 .. 0-95 0'10 0-60 55 .. 1-00 0-05 0-80 56 .. 1-05 0-02 1-20 57 .. Ml 0-00 1-90 58 .. 1-17 .. 3-00 59 .. 1-29 .. 4-50 60 .. 1-41 .. 12-00 61 .. 1-53 .. 1200 62 .. 1-68 .. 15-00 63 .. 1-85 .. 20-00 64 .. 2-04 .. 30-00 65 .. .. .. 100-00