.11. 26,

PUBLIC SERVICE SUPERANNUATION FUND. Kevenue Account for the Year ended 31st March, 1931. £ s. d. £ s. d. Amount of fund at beginning of year.. 2,819,057 18 5 Retiring allowances— Members' contributions — To members .. .. .. 346,548 4 2 Under section 19 (ordinary) .. 271,179 9 0 To widows and children .. .. 34 , 694 10 5 Transferred from other superannua- Contributions returned — tion funds .. .. .. 243 110 Under section 37 (left service) .. 24,679 16 4 Interest on arrears of contributions.. 263 17 11 Under section 42 (death) .. .. 12,538 13 5 Government subsidy— Under section 34 (retirement) .. 3,535 10 9 Statutory .. .. .. 86,000 0 0 Contributions transferred to other Section 114, Public Service Super- superannuation funds (section 120).. 47 0 8 annuation Act, 1927 (widows and Loss on realization of securities .. 8,620 13 10 children) .. .. .. 15,3 U 7 3 Interest (section 38, Public Service Interest on investments .. .. 162,8*18 5 0 Superannuation Act, 1927) .. 107 910 Pines, &c. .. .. .. 4fl 12 11 Expanses— Subsidy, Cook Islands and Samoa .. 927 14 7 Medical fees .. .. .. 72 9 0 Salaries .. ... .. 2,775 10 10 Audit fees .. .. .. 50 0 0 Heating and lighting .. .. 9 5 10 Rent .. . . . . .. 197 0 0 Cleaning .. ... .. 54 1 4 Messenger service . . .. 46 0 0 Public Trustee's charges . . .. 4,035 12 7 Purniture and fittings .. .. 2 17 6 Contingencies .. .. .. 11 14 11 Printing and stationery .. .. 151 15 3 Typewriters and other machines (upkeep) .. .. .. 5 0 1 Postages, telegrams, and services .. 181 12 4 Post and Telegraph charges .. 824 12 0 Balance as at 31st March, 1931 .. 2,917,153 15 10 £3,356,343 6 11 £3,356,343 6 11 Balance-sheet as at 31st March, 1931. Liabilities. Assets. £ s. d. Superannuation Fund Account— Amount invested by the Board .. .. 2,925,419 17 1 Balance due from Revenue £ s. d. £ s. d. Contributions due in course of transmission .. 14,390 16 9 Account .. .. 2,917,153 15 10 Interest due and accrued .. .. .. 48,725 15 9 Add value of office furniture, Subsidy— fittings, and machinery.. 452 15 4 Cook Islands and Samoa .. .. .. 223 12 8 2,917,606 11 2 Section 114, Public Service Supferannuation Retiring and other allowances Act, 1927 .. .. .. .. 53 14 7 due in course of pay- Cash in hand, Public Trustee .. .. 12,074 8 7 ment — Cash in bank .. .. .. .. 1,004 7 8 To members .. •.. .. .. 3,724 16 6 Rates, fees, and premiums paid on account of To widows and children .. .. .. 372 II II mortgagors (recoverable) .. .. .. 288 9 10 Refund of contributions due in course of pay- Assets in suspense .. .. .. 8,620 13 10 ment: — Office furniture, fittings, and machinery .. 452 15 4 Under section 37 (left service) .. .. 590 4 1 Under section 42 (death) .. '.. .. 599 5 9 Under section 34 (retirement) .. .. 545 17 6 Expenses due in course of payment — Heating and lighting .. .. .. 1 12 6 Printing and stationery .. .. .. 6 10 Post and Telegraph charges .. .. 191 16 6 Postages, telegrams, and services .. .. 19 19 6 Public Trustee's charges .. .. .. 1,207 15 6 Balance, cost-of-living bonus .. .. 2 12 6 Contributions paid in advance or in error .. 202 14 0 Balance, Government subsidy* .. .. 64,500 0 0 Unclaimed Account (contributions, &c.) .. 313 16 9 Writing off suspense .. .. .. 8,620 13 10 Post Office Account .. .. .. 12,748 3 1 £3,011,254 12 1 £3,011,254 12 1 Subsidiary Account. Cost-of-living Bonus paid to Annuitants of the Public Service Superannuation Fund on behalf of the Treasury. To Amount disbursed for period Ist April, 1930, to £ s. d. £ s. d. 31st March, 1931 .. .. .. 3,321 310 By Balance, Ist April, 1930 .. .. .. 10 1 Balance carried forward .. .. ... 212 6 Amount received from Treasury .. .. 3,322 16 3 £3,323 16 4 £3,323 16 4 * The Government subsidy is paid in January of each year, owing to the change-in the date of the financial year. To show the true position of the fund it is necessary to state this item as a liability.

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