E.— 9

4

No. 4.—ACCOUNTS AND STATEMENTS AS PRESCRIBED BY REGULATIONS, IN TERMS OF SECTION 37 OB 1 THE PUBLIC SERVICE CLASSIFICATION AND SUPERANNUATION AMENDMENT ACT, 1908. . ____ 1. (A.) REVENUE ACCOUNT for the Yeah ended 31st December, 1920. £ s. d. £ a. d. To Balance, 31st December, 1919 ..520,7011110 By Rotiring and other allowanoes .. 66,589 1 4 Contributions of members .. .. 87,310 10 1 Contributions refunded— £ s. d. Contributions transferred from other On voluntary retirement 13,286 6 3 funds .. .. .. .. 215 15 0 On death of contributor 3,482 11 8 Government subsidy .. .. 43,000 0 0 On lapse of membership 2,821 15 5 Interest— 19,590 13 4 £ s. d. Contributions transferred to other funds 551 15 6 On Investments .. 30,146 19 4 Administration expenses— £ s. d. On arrears of oon- Commission, G.P.O. .. 241 7 9 tributions .. 148 7 2 Commission, Public 30,295 6 6 Trustee .. .. 726 15 4 Office expenses .. 44 5 6 Postage and telegrams 77 17 0 Travelling-expenses of Board members .. 59 14 6 Clerical assistance .. 300 0 0 Medical fees .. .. 38 17 0 1,488 17 1 Balance, 31st December, 1920 .. 599,302 16 2 £687,523 3 5 £687,523 3 5 ;COST-OF-LIVING BONUS ACCOUNT foe the Period Ist April to 31st December, 1920. £ s. d. £ s. d. To Refund from Consolidated Fund .. 7,757 7 6 By Payment of bonus'.. .. .. 10,237 12 6 Balance due by Consolidated Fund .. 2,480 5 0 £10,237 12 6 £10,237 12 6 * (B.) BALANCE-SHEET as at 31st December, 1920. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Aooount .. .. 599,302 16 2 Amount held by Public Retiring and other allowances due and Trustee-— £ s. d. unpaid .. .. .. .. 677 18 6 Invested .. .. 583,572 11 9 Refunds of contributions on death of Uninvested .. 9,128 1 1 contributor due and unpaid .. .. 2,831 8 7 ■ 592,700 12 10 Contributions to be transferred to other Contributions of members— funds ... ~ .. .. 163 17 8 In transit.. .. 1,639 17 5 Administration expenses due and un- Duo and outstanding 2,610 11 2 paid— £ s. d. 4,250 8 7 Clerical assistance .. 300 0 0 Interest on investments— Commission, G.P.O. .. 82 6 6 Due and outstanding 1,464 13 2 Travelling - expenses of Accrued, but not due 7,473 16 5 Board members .. 110 . 8,938 9 7 Office expenses .. 15 4 0 Interest on arrears of contributions due and Postage and telegrams .. 77 17 0 outstanding .. .. .. 477 611 Medical fees .. ..990 i Department of Internal Affairs— 485 17 6 Cost-of-living bonus paid to annuitants 2,480 5 0 Amounts held pending decision as to amending legislation .. .. 49 8 6 Unclaimed contributions .. .. 2,092 0 9 Contributions overpaid and paid in error.. 149 13 11 Vouchers in course of pay- £ s. d. ment .. .., .. 5,619 2 1 Less cash in bands of G.P.O. .. .. 2,525 0 9 3,094 1 4 £608,847 2 11 £608,847 2 11 C. E. Crawford, Education Department, Secretary, Teachers' Superannuation Board. Wellington, 31st March, 1921. Examined and found correct. —Robert J. Collins, Controller and Auditor-General.