H.—26A.

TABLE IX. Consolidated Revenue Account op the Public Service Superannuation Fund from the Ist January, 1908, to 31st March, 1934. Income. Expenditure. Funds at Ist January, 1908 — £ s. d. £ s. d. Members'contributions .. 4,801,462 5 6 Pensions to members .. .. 4,819,055 1 1 Police Provident Fund merged .. 32,785 15 4 Pensions to widows and children .. 437,853 4 3 Westport Harbour Board Fund merged 2,877 16 7 Contributions returned .. .. 914,126 8 3 Government subsidy .. .. 1,972,500 0 0 Compensation .. .. .. 21,547 11 5 Subsidy under Finance Acts, 1932 Transfers to other Funds .. .. 5,031 6 8 and 1933 .. .. .. 78,932 17 6 Salaries .. .. .. .. 44,786 16 8 Subsidy under section 114, Public Public Trust Office commission .. 53,431 10 11 Service Superannuation Act .. 133,802 15 6 Travelling and office expenses .. 21,734 5 11 Subsidy in respect of Defence Officers 20 ,000 0 0 Transfer to Magistrates' SuperannuaSubsidy from Cook Islands and . tion Fund .. .. .. 13,77718 Samoan Administrations .. 10,374 6 8 Loss on realization of securities .. 15,273 8 9 Interest on investments .. .. 2,224,342 12 7 Other payments .. .. .. 13 9 8 Interest on arrears of contributions.. 7,250 19 I Funds at 31st. March, 1934 .. .. 2,964,064 5 6 Transfers from other Funds .. 13,15111 8 Transfers from unclaimed contributions .. .. .. 3,053 16 6 Fines .. .. .. .. 8,718 11 3 Fees remitted .. .. .. 100 010 Other receipts .. .. .. 1,341 1 9 £9,310,694 10 9 £9,310,694 10 9 TABLE X. SUMMARY OF PUBLIC SERVICE SUPERANNUATION RESULTS. Valuation Balance-sheet as at 31st .March, 1934. Liabilities. Males— Value of — £ £ 1,944 pensions for £421,476 lis. Bd. per annum already granted .. .. 3,803,221 968 pensions for £30,008 per annum granted to widows of contributors or pensioners 311,891 342 pensions for £8,892 per annum granted to children of deceased contributors or pensioners .. .. .. .. .. .. .. .. 31,860 Prospective pensions for back service .. .. .. .. .. 4,930,815 Prospective pensions for future service .. .. .. .. .. 3,468,221 Prospective pensions to widows .. .. .. .. .. .. 919,456 Prospective pensions to children .. .. .. .. .. .. 187,076 Return of contributions on death .. .. .. . . .. . . 60,560 Return of contributions on withdrawal .. .. .. .. .. 599,129 Return of contributions under section 9 (2), National Expenditure Adjustment Act, 1932 .. .. .. .. .. .. .. .. 70,425 14,382,654 Females — Value of— 304 pensions for £27,697 10s. 4d. per annum already granted .. .. 324,401 Prospective pensions for back service .. .. .. .. .. 391,895 Prospective pensions for future service .. .. .. .. .. 280,916 Return of contributions on death .. .. .. .. .. .. 9,400 Return of contributions on withdrawal .. .. .. .. .. 82,178 Return of contributions under section 9 (2), National Expenditure Adjustment Act, 1932 .. .. .. .. .. .. .. .. 1,649 1,090,439 £15,473,093 Assets. £ Accumulated funds .. .. .. .. .. .. .. .. .. .. 2,964,064 Value of — Future contributions from males .. .. .. .. .. .. .. .. 2,610,820 Future contributions from females .. .. .. .. .. .. .. 150,650 Subsidy of £86,000 per annum now being paid .. .. .. .. .. .. 1,911,111 Subsidy under section 114, Public Service Superannuation Act .. .. .. .. 625,839 Subsidy under section 16, Finance Act, 1932 (No. 2), of £40,000 per annum .. .. . . 888,889 Future increases in subsidy to be provided .. .. .. .. .. .. 6,321,720 £15,473,093

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