E.—9

1919. NEW ZEALAND.

EDUCATION: TEACHERS' SUPERANNUATION FUND. [In continuation of E.-9, 1918.]

Presented to both Houses of the General Assembly by Command of His Excellency.

THIRTEENTH REPORT OF THE TEACHERS' SUPERANNUATION BOARD For the Yeae ended 31st December, 1918. The Hon. the Minister of Education. Sir,- Wellington, 31st March, 1919. The Board has to submit the following report for the year ended the 31st December, 1918 :— The Board. —The usual quarterly meetings of the Board were held in February, May, August, and November. All members elected to represent contributors retired by effluxion of time after the February meeting of the Board. Only two nominations were received for two contributors to represent the South Island members of the fund — namely, Messrs. W. Davidson and J. E. Purchase —and these gentlemen were declared duly elected. For the election of two contributors k> represent the North Island members only one nomination was received —viz., that of Mr. A. Erskine, who was declared duly elected. To fill the extraordinary vacancy thus arising two nominations were received, and Mr. H. G. Cousins was elected. Mr. W. Davidson resigned after the May meeting of the Board, and Mr. 0. D. Flamank was elected unopposed to fill the vacancy. Contributors. —The number of contributors increased from 4,792 at the end of 1917 to 4,894 at the end of 1918, an increase of 102. The number of male contributors fell from 1,976 at the end of 1917 to 1,955 at the end of 1918, a result due to war conditions. Table A shows the contributors arranged according to percentage of contribution, together with the number admitted and left during the year. Retiring and other A llowances. —Allowances amounting to £4,571 ss. were granted during the year, compared with £5,049 9s. in 1917. The decrease is due to the effect of war legislation restricting retirements. The number of applications for retirement in 1919 (the restrictive legislation having been repealed) is very considerable. The total annual rate of all allowances payable at the end of the year was £51,033 11s.

I—E. 9.