THE PENSIONS BILL.
DEBARTMENT’S ANNUAL REPORT. COST ofc LAST YEAR’S INCREASESThe twenty-eighth annual report, of the Pensions 'Department was .submitted. the House of Representatives on Tuesday.. ' ■ The position as a.t March 31, 1925, was that the totaj number of; pensions of all classes w’aa 48,821, representing an annual valuei of £2,387,285The gross payments during 1924-25 were £2,408,598. At March 31 last there were 49,264 pensioners, an annual . value of £2,516,281, the gross payments 'for the period being £2,489,578. The cost per hea,d of European population in 1924-25 was estimated at £1 16s 4d; in 1925-26 it was £1 16s 9d. < ' To date '54,367 war pensions have been gratned, the total amount involved being £3,531,348. The payments during the year showed ,a decrease, the figures being £1,244,483, and £1,185,16! respectively. The total payments up .to March 31 last were £12,569,64'0.
Some interesting totals in ‘connec-. tion with other pensions are provided. Since 1898 the sum of £12,637,410 hag been paid out under the old-age pension scheme,, while the grand total to date in connection with Widows’ pensions is £1,720,150. Maori War pen-, sioners have benefited to the extent of £513,217, miners by £259,238, blind people by £9089, and Epidemic pensioners by £416,567.
An interesting summary of the legislation introduced last session to liberalise the provisions of the Pensions ,Aet of 1913 was set out. The aimual increase in the appropriations arising from these added benefits was estimated to reach £150,000 per annum, and the increase in the annual liability as at March 31 last, with several months of the first year still to go, was as follows : Old-age pensions, £123,200 ; widows’ pensions, £17,400; blind pensions, £5200 ; total, £145,800. The total estimated cost of the benefits conceded in the Amendment Acts of 1924 and 1925 was £300,000 per annum, and the actual increase recorded has exceeded £200,000 per annum.
The cost of administering the department was stated as £67,728.
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Hauraki Plains Gazette, Volume XXXVII, Issue 5000, 14 July 1926, Page 1
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317THE PENSIONS BILL. Hauraki Plains Gazette, Volume XXXVII, Issue 5000, 14 July 1926, Page 1
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