1T.—17

2

NATIONAL PROVIDENT FUND. (1) Revenue Account for the Year ended 31st December, 1929. £ s. d. £ s. d. Amount of fund at beginning of year .. 2,275,681 14 1 Maternity claims (section 19) .. .. 6,570 0 0 Contributions .. .. .. .. 244,364 13 9 Maternity claims (approved friendly societies) 35,404 0 0 Interest . . . . . . . • 135,235 1 8 Refund of contributions on lapse, reduction, Fines .. .. .. .. .. 874 10 8 and withdrawal (sections 11, 12, and 13) .. 74,508 14 9 Government contribution under Act .. 61,974 810 Refund of contributions in lieu of pension Refund of maternity claims by the State .. 41,974 0 0 (section 14) .. .. .. 1,594 2 3 Contributions overpaid on exit .. .. 25 16 4 Incapacity allowances (sections 17 and 18), Benefits refunded on exit .. .. .. 6,705 9 6 including contributions waived on incapacity Miscellaneous receipts .. .. .. 0 18 6 (£4BB 12s. Bd.) .. .. .. .. 3,302 0 11 Death : Refund of contributions (sections 15 (5) and 16) .. .. .. .. 9,397 2 7 Death : Allowances on account of widows and children (section 15) .. .. .. 10,158 9 7 Retirement: Allowances (section 13) .. 23,522 17 2 Refund of contributions overpaid on exit .. 25 16 4 Public Trustee's charges .. .. .. 3,372 2 5 Amount of fund at end of year .. .. 2,598,981 7 4 £2,766,836 13 4 £2,766,836 13 4 Balance-sheet as at 31st December, 1929. Liabilities. £ s. d. Assets. £ s. d Fund as per Revenue Account .. .. 2,598,981 7 4 In hands of Public Trustee — Claims due and in course of payment*— Invested .. .. .. .. 2,490,859 7 2 Maternity .. .. .. .. 1,825 16 11 Uninvested .. .. .. .. 35,107 5 1 Death (section 16) .. .. .. 2,220 1 5 Balance with Post Office .. .. .. 893 1 1 Death: Allowances (section 15) .. .. 386 13 7 Balances in transit .. .. .. 11,903 610 Allowances (section 13) .. .. .. 988 8 6 Contributions outstanding or in course of Allowances (section 17) .. .. .. 148 2 4 transmission* — Public Trustee's charges* .. .. .. 1,139 10 11 (a) Contributions due but not overdue .. 13,194 16 11 Refunds in suspense .. .. .. 37,638 9 4 (b) Contributions overdue .. .. 3,085 4 7 Deposits on incomplete applications to join fund 0 3 0 Government subsidy due under Act* .. 61,974 810 Suspense Account .. .. .. 151 ' 4 3 Refund due in respect of maternity claims* . 3,346 0 0 Contributions prepaid .. .. .. 8,311 13 1 Fines due* .. .. .. .. 385 13 0 Investment Fluctuation Reserve (by transfer Interest due* .. .. .. .. 4,871 0 2 from refunds unclaimed) .. .. 14,539 10 0 Interest accrued but not due* .. .. 40,710 17 0 £2,666,331 0 8 £2,666,331 0 8 * Included in lievenue Account. R. Witheford, Deputy Superintendent. R. M. Porteous, Wellington, Ist June, 1930. Accountant. I hereby certify that the Balance-sheet and Revenue Account have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General.