E.- 9

The number of retiring-allowances in Eorce at the end of the year was 270, representing an annual charge of over £14,261. Of these, Ordinary allowances were . . . . . . .. . . 158, representing £11,437 Allowances in medically unfit cases .. . . .. .. 21, .. 1,408 Allowances to widows .. .. .. . . .. 17. .. 611 Allowances to children . . . . .. . . .. 44, ~ 805 The balance at the credit of the fund and invested by the Public Trustee at the end of the year was . . . . .. .. .. .. .. .. .. £152,149 The average rate of inteiest earned by the investments at the end of the year was 4-Wi per cent.

No. 2. FIFTH REPORT OF THE BOARD CONSTITUTED BY THE PUBLIC SERVICE CLASSIFK A TION AND SUPERANNUATION AMENDMENT ACT (PART I), 1908. For the Year ending 31st December, 1910. The Honourable the Minister of Education. Sir,— Wellington, 18th April, 1911. The Board has to submit the following report for the year ending 31st December, 1910. The number of contributors increased from 3,152 at the end of 1909 to 3,247 at the end of 1910, and the number of persons in receipt of benefits increased during the year from 215 to 270. In terms of section 12 of the Public Service Classification and Superannuation Amendment Act, 1908, as amended in 1909,fthe Board, with the approval of the Minister of Education, adopted a set of terms and conditions payments into the fund by those contributors entitled to the benefits of[the extended provisionsjof that section. Details of the members of the fund on 31s1 December, 1910, grouped according to their statue, are given in the following tables : —

A. Statement of Membership as from 1st January, 1906.

♦Includes 2,252 transferred to Part I, Public Service Classification and Superannuation Amendment Act, 1908, and included in column (5) of the same line. t It was not until 1910 that it was ascertained that tnese five persons should have become niembers of the fund in terms of the provisions of section aof the Teachers' Superannuation .\ct, 1905. They are also included in columns (3) and (5) of the same line.

B. Total Number of Contributors who have joined and left the Fund since its Establishment (1st January, 1906, to 31st December, 1910).

2

Original Members. Original Members. Ordinary Members. Total Number at End of Period. Name of Act. (1.) A( Number Admitted. Left. at End of Period. (2.) (8.) (4.) 2,720 127 2,593 Number Ldrnittea. Left. at End of Period. (2.) (8.) (4.) r Number >f Admitted. Left. at End of Period. (">.) (6.) (7.) Number. Period. (8.) (9.) Teachers' Superannuation Act, 1905, and Amendment Act, 1901', Ditto 2,720 127 2,593 50 338 2,505 i 219 .. 219 197 89 877 2,812 Fifteen Months ending 31st March, 1907. 2,882 Year ending Hist March, 1908. 50 138 2,505 l'avt IX, Education Act, 1908. Part I of Public Service Classification and Superannuation Amendment Act, 1!X)8. i Nnmhflv T° tal Number at End i NumDer. o f Period. 4 2,845* 164 ■2,409 ' 19 2,767 2,931 Nine Months ending 31et December, 1908. •20 144 .SHI 93 3.008 3,162 Year ending 31st December, 1909. 5f 21 128 282 1.71 8,119 3,247 Year ending 31st December, 1910. _j

Number. Annual Annual Rate M. V. Total. Salary ' Contributions. £ £ a. a. 'otal entered (including increases in salary 1,792 2,176 3,968 678,276 46,764 0 0 and contributions) 'otal discontinued (including reductions in 298 423 721 ' 130,344 9,479 0 0 salary and contributions) Total existing at 31st December, 1910 1,494 1,753 3,247 547,932 i 37,285 0 0