1.—15.

Thursday, the 2nd Day of March, 1933. The Committee met pursuant to notice at 11 a.m. Present: Mr. J. A. Nash (Chairman), Mr. Hargest, Mr. McCombe, Mr. W. Nash, and Mr. Savage. The minutes of the previous meeting were read and confirmed. Confidential evidence from the Public Trustee was read to the Committee by the Clerk. The Chairman explained a statement received from Miss V. M. Greig and four others, and the reply received from the Teachers' Superannuation Board. The following were admitted to the committee-room: Mr. Verschaflelt, Public Service Commissioner , Mr. Gostelow, Government Actuary ; accredited representatives of the press ; representatives of Civil Service organizations and superannuitants. The Public Service Commissioner and Government Actuary were questioned by members of the Committee and Mr. It. Sinel (for Mr. Millar). Mr. W. M. Wright made a short statement. Resolved, on motion of Mr. J. A. Nash, That the special Committee to which was referred the Government Superannuation Funds Bill has the honour to report that, after hearing voluminous evidence and receiving numerous written statements, it regrets that the time at its disposal has been insufficient to enable the Committee to make a complete investigation into the proposals contained in the Bill and to consider the many alternatives placed before it ; and recommends that the Bill be not allowed to proceed this session. Resolved, on motion of Mr. J. A. Nash, That the Chairman move in the House to have the report, minutes of proceedings, and minutes of evidence printed. Resolved, on motion of Mr. W. Nash, That the Committee desires to place on record its appreciation of the very excellent service rendered by the Committee Clerk, Mr. E. A. Dobbie, and that this resolution be recorded in the minutes of the Committee and be reported to the House. Resolved, on motion of Mr. Savage, That the Chairman present the report to the House and have power to read and confirm the minutes of the final meeting. The Committee, having continued to sit until 12.45 p.m., adjourned.

VIII