R—2o.

1925. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (SEVENTEENTH ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1925.

Presented to Parliament pursuant tn 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 on 31st March, 1925 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Retiring and other Allowances. ■ — Pensions for £23,203 per annum were granted during the year as follows : For age or length of service, £19,645 lis. per annum to 90 members

I—H. 26.

Number. Rate per Cent, of Annual Contribution as provided j Annual Salary. Contributions. by the Act. Male> Female. Total. | I £ s. d. £ s. d. 5 1,228 233 1,461 170,199 16 8 8,509 19 10 6 189 18 207 47,100 12 6 2,826 0 9 7 118 16 134 31,615 16 8 2,213 2 2 8 69 5 74 18,721 0 10 1,497 13 8 9 31 2 33 8,529 11 8 767 13 3 10 7 ... 7 1,677 6 8 167 14 8 Transfers from other 3 2 5 1,053 13 4 52 13 8 funds — Totals ... 1,645 276 1,921 278,897 18 4 16,034 18 0 i

® ,at ® , Number. per Gent, of Contribution as Annual Salary. provided by „ m , Contributions, the Act Male. Female. Total. £ s. d. £ s. d. 5 9,921 1,758 11,679 2,744,660 0 0 137,233 0 0 6 1,588 167 1,755 559,653 15 0 33,579 4 6 7 1,098 123 1,221 401,121 5 0 28,078 9 9 8 638 81 719 236,115 4 2 18,889 4 4 J 9 300 26 326 110,955 8 4 9,985 19 9 10 77 5 82 28,375 5 0 2,837 10 6~ Totals ... 13,622 2,160 15,782 4,080,880 17 6 230,603 8 10