H 26a.

TABLE IX. SUMMARY OF PUBLIC SERVICE SUPERANNUATION RESULTS. Valuation Balance-sheet as at 31st March, 1930. Liabilities. Males— £ £ Value of — 1,503 pensions for £321,052 18s. per annum already granted .. .. .. 2,879,873 773 pensions for £23,963 per annum granted to widows of contributors or pensioners.. 259,724 391 pensions for £10,166 per annum granted to children of deceased contributors or pensioners .. .. .. .- •• •■ ■• •• 36,772 Prospective pensions for back service .. .. •• •■ ■■ 4,803,315 Prospective pensions for future service .. .- •• •• •• 3,878,383 Prospective pensions to widows .. .. • ■ • • • • • • 843,480 Prospective pensions to children .. .. ■• •• •• •• 179,916 Return of contributions on death .. .. .. .- ■• •• 61,379 Return of contributions on withdrawal .. .. ... •• •• 637,403 Females— Value of — 203 pensions for £16,956 Bs. 2d. per annum already granted .. .. •• 199,171 Prospective pensions for back service .. .. • ■ • • • • 000,016 Prospective pensions for future service .. • • • • • ■ • • 295,252 Return of contributions on death .. .. .. •• ■• •• 8,990 Return of contributions on withdrawal .. .. .. •■ •• 83,061 £14,533,035 Assets. £ Accumulated funds •• ■• 2,882,504 Future contributions from males .. .. .. •• •• •• •■ •• Future contributions from females .. -. •• •• •• •• •■ 163,961 Subsidy of £86,000 per annum now being paid .. .. ■ ■ • • • • • ■ 1,911, 111 Subsidy under section 114, Public Service Superannuation Act .. .. •• •• 570,978 Future increases in subsidy to be provided .. .. .- •• •• •• •• 5,960,3L8 £14,533,035

TABLE X. Statement showing Subsidies paid as compared with Subsidies required under the System indicated in the Act.

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„, , Shortage accumulated at Year ended. Subsidy required. Subsidy paid. Shortage. 4 J per Cent, to 1931. £ £ £ £ 31st December, 1908 .. (Say) 20,000 20,000 1909 .. „ 20,000 20,000 1910 ., „ 22,500 22,500 1911 . 48,000 23,000 25,000 60,294 ' 1912 .. 48,000 23,000 25,000 57,696 1913 .. 48.000 48,000 1914 . 66,000 48,000 18,000 38,041 1915 .. 66,000 48,000 18,000 36,403 1916 66,000 48,000 18,000 34,835 1917 .. 86,000 48,000 38,000 70,373 1918 .. 86,000 48,000 38,000 67,345 1919 .. 86,000 86,000 1920 .. 125,000 86,000 39,000 63,291 1921 125 000 86,000 39,000 60,566 1922 125,000 86,000 39,000 57,958 1923 .. 172,000 86,000 86,000 122,300 "aSffif 1924* .. 43,000 34,000 9,000 12,661 31st March, 1925 .. 240,000 136,000 104,000 140,007 1926 . 240,000 86,000 154,000 198,391 1927 240 000 86,000 154,000 189,846 1928 ' 285 000 86,000 199,000 234,756 1929 285 000 86,000 199.000 224,647 1930 285,000 186,000 99,000 106,947 Totals .. .. 2,827,500 1,526,500 1,301,000 1,776,357 * Taken as one-fourth of a full year's factors.