E.~9.

16

twentieth part of the mean of the last three years' salary for each year of service. All persons first permanently employed under the University of New Zealand and the University colleges after the date of the passing of the Amendment Act must become contributors to the fund. 2. Provision for the Government contribution to the fund has been made as follows : — (a.) Under the (section 23) Teachers' Superannuation Act, 1905 (the original Act), £5,000 was paid during the first quarter of 1906. No payment was made in 1907 or 1908. (&.) Under the Public Service Classification and Superannuation Amendment Act, 1908 (section 39), £7,000 was paid during the first quarter of the years 1909 1910, 1911, and 1912. (c.) Under the Public Service Classification and Superannuation Amendment Act, 1912 (section 9), £17,000 has been paid during the first quarter of each year subsequent to the date of the Act. Approximate Cost of Paper. —Preparation, not given ; printing (1,450 copies), _7 10s.

By Authority : John Mackay, (Government Printer, Wellington.—l9l4.

Price ■Sd'f