D.—5A.

TABLE IV. Capital Value of Benefits, Contributions, etc., as at 31st March, 1939.

TABLE V. Estimate of Retiring-allowances and Annuities which will be payable in each of the Five Years following the Valuation.

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Due to Contributory Service. Due to NonCapital Value of • contributory Provided by Not provided vice. Members' by Members Contributions. Contributions. Existing benefits — £(000) £(000) £(000) (i) Retiring-allowances .. .. •• •• 869 1,104 2,158 (ii) Widows' annuities .. .. • ■ • • • ■ 155 112 (iii) Children's annuities .. .. ■ ■ • • • • 18 18 Prospective benefits in respect of existing members : — (i) Retiring-allowances .. .. • • • • 57 5,803 5,008 (ii) Widows' annuities .. .. • • • • • • 140 101 (iii) Children's annuities .. .. .. • • • • 51 51 (iv) Refunds of contributions — (а) On death .. .. • • ■ • • • 249 (б) On retirement before becoming entitled to a .. 352 retiring-allowance Future expenses in respect of existing members .. .. 65 Total liabilities in respect of existing members .. 926 7,937 7,448 Future contributions payable by— (i) Existing contributors .. .. •• 2,614 (ii) Other employers .. .. • • • • • • 1 Accumulated funds as per Revenue Account .. .. .. 1,282 Liability of the State in respect of existing members .. 926 4,040 7,448 Total assets in respect of existing members .. 926 7,937 7,448

Year ending 31st March, 1940. 1941. 1942. 1943. 1944. Total— £(000) £(000) £(000) £(000) £(000) Retiring-allowances — (i) Due to non-contributory service .. . . 104 99 93 88 83 (ii) Due to contributory service .. .. .. 345 361 376 401 428 Widows' and children's annuities .. .. 30 30 30 31 31 Total .. .. . ■ ■ • 479 490 499 520 542 Provided by contributors' contributions —• Retiring-allowances due to contributory service .. 119 126 134 145 159 Widows'annuities at £18 per annum and children's annuities 17 17 17 17 17 at £13 per annum Total 136 143 151 162 176 To be provided by the State — Retiring-allowances — (i) Due to non-contributory service .. .. 104 99 93 88 83 (ii) Due to contributory service .. .. .. 226 235 242 256 269 Widows' and children's annuities at £13 per annum . . 13 13 13 14 14 Total .. .. .. .. 343 347 348 358 366