PL—26

1929. NEW ZEALAND.

PUBLIC SERVICE SUPERANNUATION BOARD (TWENTY-FIRST ANNUAL REPORT OF THE), WITH ACCOUNTS, FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1929.

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

REPORT. The Board has the honour to submit the following report upon the transactions in connection with the Public Service Superannuation Fund : — The Revenue Account, balance-sheet, and statements regarding membership and retiring and other allowances will be found 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, 1929 (after allowing for deaths, retirements, and withdrawals), grouped according to their respective rates of contribution : —

Retiring and other Allowances. —Pensions for £32,035 12s. per annum were granted during the year as follows : For age or length of service, £25,625 14s. to 115 members (103 males and 12 female members) ; for medical unfitness for duty, £2,654 18s. to 28 members ; to widows and children of deceased members, £2,201 per annum to 71 widows, and £1,404 per annum to 54 children.

1— H. 26.

Number. Rate per Gent, of Annual Contribution as provided -r Annual Salary. Contributions. by the Act. Male | Female _ Tota] _ ; I ' £ s. d. £ s. d. 5 685 224 909 124,554 8 4 6,227 14 5 6 54 7 61 17,374 11 8 1,042 9 6 7 • 32 6 38 11,332 18 4 793 6 1 8 21 2 23 7,656 5 0 612 10 0 9 6 17 1,975 0 0 177 15 0 10 1 .. 1 270 0 0 27 0 0 Transfer from other 7 .. 7 1,012 0 0 50 12 0 funds ; Totals .. 806 240 1,046 164,175 3 4 8,931 7 0

® ,at f , Number. per Gent, of Contribution as Annual Salary. n provided by m , Contributions, the Act. Male. Female. Total. £ 8. d. £ s. d. 5 11,918 1,588 13,506 3,382,551 8 4 169,127 11 5 6 1,545 140 1,685 569,132 5 10 34,147 18 9 7 973 102 1,075 362,310 8 4 25,361 14 7 8 583 61 644 217,822 10 0 17,425 16 -0 9 200 17 217 72,922 18 4 6,563 1 3 10 48 2 50 17,055 10 10 1,705 11 1 Totals .. 15,267 1,910 17,177 4,621,795 1 8 254,331 13 1