H.—26.

1936. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (TWENTY-EIGHTH ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1936.

Presented to Parliament pursuant to the Provisions of the Public Service Superannuation Act, 1927.

REPORT.

The Board has the honour to submit the following report upon the transactions in connection with the Public Service Superannuation Fund : — The Revenue Account, balance-sheet, and statements regarding membership and retiring and other allowances will be found appended. The Board. —Mr. G. E. Miller, State Advances Superintendent, a statutory member of the Board, ceased to be a member on his appointment as Manager, Mortgage Corporation of New Zealand, and was succeeded by Mr. G. G. Rose. Contributors. —The number of new contributors who joined the scheme during the year, and other particulars, are contained in the following table : —

The following table shows particulars of the public servants who were contributing to the fund on the 31st March, 1936 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Retiring and other Allowances. —Pensions for £26,989 12s. per annum were granted during the year as follows : For age or length of service, £20,818 ss. to 88 members (69 male and 19 female members) ;

Number. Rate per Cent, of Annual Salary. Annual Contributions. Contribution. Male. Female. Total. £ s. d. £ s. d. 5 1,139 495 1,634 162,206 15 0 8,110 6 9 6 47 12 59 15,222 10 0 913 7 0 7 14 6 20 5,627 18 4 393 19 1 8 19 1 20 6,137 5 10 490 19 8 9 9 1 10 3,075 16 8 276 16 6 10 4 1 5 1,559 7 6 155 18 9 Transfers from other 10 2 12 2,471 13 4 123 11 8 funds Totals .. 1,242 518 1,760 196,301 6 8 10,464 19 5

„ , Number. Rate per Cent. *nrnai of Annual Salary. „ f™?. 1 _ " Contributions. Contribution. Ma l e _ Female. Total. £ s. d. £ s. d. 5 14,084 2,213 16,297 4,056,653 0 0 202,832 13 0 6 1,313 135 1,448 439,855 12 6 26,391 6 9 7 785 85 870 266,490 0 0 18,654 6 0 8 396 42 438 136,791 0 10 10,943 5 8 9 116 11 127 41,289 11 8 3,716 1 3 10 17 2 19 5,388 18 4 538 17 10 Totals .. 16,711 2,488 19,199 4,946,468 3 4 263,076 10 6 1 __ ]___