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1931. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (TWENTY-THIRD ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1931.

Presented to Parliament pursuant to the provisions of the Public Service Superannuation Act, 1927.

EEPOET. The Board has the honour to submit the following report upon the transactions in connection with the Public Service Superannuation Fund : — The Eevenue Account, Balance-sheet, and statements regarding membership and retiring and other allowances will be founds 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, 1931 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Retiring and other Allowances. —Pensions for £29,618 Bs. per annum were granted during tie year as follows : For age or length of service, £23,556 ss. to 108 members (98 male and 10 female members) ; for medical unfitness for duty, £2,219 6s. to 25 members ; to widows and children of deceased members, £2,387 per annum to 77 widows, and £1,248 per annum to 48 children,

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Bate per Cent, of Contribution as provided by the Act. Number. Annual Salary. Annual Male. Female. Total. Contributions. £ s. d. £ s. d. 5 421 301 722 97,624 0 0 4,881 4 0 6 79 20 99 22,075 16 8 1,324 11 0 7 50 2 52 14,006 5 0 980 8 9 8 24 2 26 7,489 3 4 599 2 8 9 6 2 8 1,920 16 8 172 17 6 10 2 2 494 8 4 49 8 10 Transferred from other 20 r 21 2,724 15 0 150 10 9 funds Totals . . 602 328 930 146,335 5 0 8,158 3 6

Bate per Cent, of Contribution as provided by the Act. Number. Annual Salary. Annual Male. Female. Total. Contributions. 5 6 7 8 9 10 12,555 1,524 989 538 180 39 2,004 168 114 63 20 3 14,559 1,692 1,103 601 200 42 £ s. d. 3,752,792 15 0 560,714 3 4 363.895 0 0 202,539 15 10 66,635 0 0 13,609 18 4 £ s. d. 187,639 12 9 33,642 17 0 25,472 13 0 1.6,203 3 8 5,997 3 0 1,360 19 10 Totals .. 15,825 2,372 18,197 4,960,186 12 6 270,316 9 3