Page image
Page image

E.—l

(c) Placed under supervision, and ordered by the Courts to be detained in an institution for a period, 5. (d) At the time of this report held on warrant, pending the decision of Children's Courts (section 13 (2) Child Welfare Act, 1925), 12. If the 596 children are classified according to their ages at the time custody was assumed there are found to be 78 under six months ; 13 over six months and under one year ; 77 from one to 5 years ; 106 from five to 10 years ; 134 from ten to fourteen years ; 188 over fourteen years. Of the 509 committed to the care of the Superintendent, 88 had previously come before the Courts for other offences, for which they had received terms of supervision. The length of period in residence for children temporarily taken charge of was from one day to forty-two weeks. A number of these were held on remand from Children's Courts. At the 31st March, 228 of the children in foster-homes were receiving postprimary education, and one boy was attending a training college, 55 were taking a professional course, 84 technical, 54 commercial, 3 agricultural, and 15 home science, while 17 Maori children were attending Maori Colleges. 33. TEACHERS' SUPERANNUATION FUND. The position of the fund at the 31st January, 1940, and the principal figures concerning the transactions for the year, compared with those for the year ended 31st January, 1939, are given below :— 1939-40, 1938-39. £ £ Balance at credit of fund at end of year .. .. 967,076 975,491 Decrease over balance at end of previous year .. .. 8,659 141,025* Income for the yearMembers' contributions .. .. . . 158,907 146,231 Interest .. .. .. .. .. .. .. 42,699 41,315 Government subsidy .. .. .. .. .. 155,979 329,675f Total income .. .. .. .. .. £357,585 £517,221 Expenditure — Retiring and other allowances .. .. .. .. 330,462 329,096 Contributions refunded, &c. .. .. .. .. .. 32,670 41,765 Administration expenses, &c. .. .. .. .. 3,112 3,335 Reserves for losses .. .. .. .. .. .. .. 2,000 Total expenditure .. .. .. .. £366,244 £376,196 * Increase. f This amount includes £162,417 on account of 1937-38. Number of contributors at 31st January .. .. .. 9,005 .. 8,653 Number of members admitted during period . . 822 .. 834 Number of retiring from the fund during period .. .. 470 .. 538 Net increase in membership at 31st January . . . . 352 . . 296 Number of allowances in force at 31st January .. .. 2,078 .. 2,072 Representing an annual charge of .. .. .. £326,261 £326,500 Ordinary retiring-allowances .. .. .. .. 1,319 £262,912 1,314 £262,503 Retiring-allowances under extended provisions of section 75 of the Act, and under section 14 of Finance Act, 1931 .. .. .. .. 133 £20,794 139 £22,262 Retiring-allowances in medically-unfit cases . . . . 236 £30,800 231 £30,082 Allowances to widows .. .. .. .. 323 £10,013 313 £9,703 Allowances to children .. .. .. .. 67 £1,742 75 £1,950 Funds invested at 31st January .. .. .. .. £963,962 .. £963,538 Average rate of interest (per cent.) — Unreduced rate .. .. .. .. .. 4-497 .. 4-504 After reduction as shown above .. .. .. 4 • 346 .. 4 • 346 Unclaimed contributions held at 31st January .. .. £1,763 .. £1,408

5—E. 1.

27

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert