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1915. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (SEVENTH ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE YEAR ENDED 31st DECEMBER, 1914.

Presented to Parliament pursuant to the Provisions of the Public Service Classification and Superannuation Act, 1908.

REPORT. The Board has the honour to submit the following report upon the transactions in connection with the Public Service Superannuation Fund. The Revenue Account, balance-sheet, and statements regarding membership and retiring and other allowances will be found appended. Contributors. —The number of new contributors who joined the scheme during the year, and other particulars, are contained in the following table : —

The following table contains particulars of the public servants who were contributing to the fund at the end of the year 1914 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Full information regarding contributors, including those who have retired from the Government service and are now on the fund will be found in the statements appended. Retiring and other Allowances. —Pensions for £13,244 14s. per annum were granted during the year as follows : For age or length of service, £11,242 19s. per annum to 100 members (ninetvfive male and five female members) ; for medical unfitness for duty, £636 15s. to eleven members (nine male and two female members); to widows and children of deceased members, £702 per annum to thirty-nine widows, and £663 per annum to fifty-one children.

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Rate per Cent, of lontribution as provided by the Act. Male. Number. Number. Female. Total. Annual Salary. Annual Contributions. 5 6 7 8 9 10 transfers from other funds 1,058 145 .89 44 38 33 4 282 42 20 12 6 4 282 42 20 12 6 4 1,340 187 109 56 44 37 4 1,340 187 109 56 44 37 4 £ 105,157 25,351 16,886 8,319 7,285 6,637 834 £ s. c 105,157 3 - 25,351 9 i 16,886 5 ( 8,319 3 '. 7,285 8 t 6,637 9 i 834 5 ( s. d. 3 4 9 2 5 0 3 4 8 4 9 2 5 0 £ s. d. 5,257 17 2 1,521 1 9 1,182 0 9 665 10 8 655 13 9 663 14 11 49 18 3 Totals ... 1,4.11 366 366 1,777 1,777 170,471 170,471 3 i 3 4 9,995 17 3

Rate per Cent, of Contribution as provided by the Act. Number. Number. Female. Total. Annual Salary. Annual Contributions. Male. 5 6 7 8 9 10 6,491 1,232 910 701 594 546 962 147 86 70 35 29 7,453 1,379 996 771 629 575 £ s. a. 991,553 13 4 285,127 5 10 227,865 0 0 190,538 10 10 173,035 0 0 154,780 10 0 £ s. d. 49,577 13 8 17,107 12 9 15,950 11 0 15,243 1 8 15,573 3 0 15,478 1 0 Totals 10,474 1,329 11,803 2,022,900 0 0 128,930 3 1