COST OF BRITISH WAR PENSIONS
CAPITALISED SUM OF NEARLY .£750,000,000. A recent report by tlio British Government Actuary, Sir Alfred Watson, on tlio financial effect of the new provisions for war service ponsions for officers and men and their dependants, estimates the total cost of pensions and gratuities in respect of casualties already occurred, or which may bo assumed as imminent, to be for the- year 1918-10 .£30,400,000. anil for the year 1019-20, £11,500,000. These figures do not include expenditure on aiter-caro or administration. Fuhrro pension charges are estimated approximately thus: 1930-JM0,000,000. 1910-£30,000,000. v 1950-.£20,000,000. 10(iO-jnO,000,O0D. Even in 1970 the charge will not havo wholly disappeared. Tlio capital sum represented by tho liabilities at present in eight is little loss Hian ,£750,000,000.
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Dominion, Volume 11, Issue 286, 22 August 1918, Page 4
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122COST OF BRITISH WAR PENSIONS Dominion, Volume 11, Issue 286, 22 August 1918, Page 4
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