H.—26.

PUBLIC SERVICE SUPERANNUATION EUND. Revenue Account foe the Yeas ended 31st March, 1932. £ s. d. Retiring-allowances— £ s. d. Amount of fund at beginning of year .. 2,917,153 15 10 To members .. .. .. 395,890 2 0 Members' contributions — To widows and children .. .. 36,031 12 9 Under section 19 (ordinary)* .. 190,054 0 1 Contributions returned— Transferred from other superannua- Under section 37 (left service) .. 30,064 3 1 tion funds .. .. .. 293 6 7 Under section 42 (death) .. .. 13,217 7 8 Interest on arrears of contributions.. 237 14 4 Under section 34 (retirement) .. 5,270 1 10 Government subsidy— Contributions transferred to other Statutory .. .. .. 86,000 0 0 superannuation funds (section 120) .. 385 8 5 Section 114, Public Service Super- Loss on realization of securities .. 1,501 9 4 annuation Act, 1927 (widows and Interest (section 38, Public Service children) .. .. .. 16,082 6 4 Superannuation Act, 1927) .. 79 9 1 Interest on investments .. .. 168,452 14 1 Unclaimed moneys recovered .. 310 19 4 Pines, fees, and sundries .. .. 397 15 4 Expenses— Stipendiary Magistrates' Account—• Medical fees .. .. ■ ■ 64 1 0 Administration expenses recovered.. 88 5 9 Salaries.. .. .. 2,297 12 1 Subsidy, Cook Islands and Samoa .. 674 7 7 Audit fees .. .. .. 50 0 0 Heating and lighting .. .. 8 3 1 Rent 184 12 0 Cleaning .. .. .. 55 3 11 Messenger service .. .. 39 14 3 Public Trustee's charges .. . . 4,523 6 7 Contingencies .. .. .. 3 9 6 Printing and stationery .. .. 129 2 10 Typewriters and other machines (upkeep) .. .. .. 4 9 3 Postages, telegrams, and services .. 338 8 6 Post and Telegraph charges . . 913 1 6 Removal expenses .. .. 38 13 1 Balance as at 31st March, 1932 .. 2,888,033 14 10 £3,379,434 5 II £3,379,434 5 11 » Total amount of rebate allowed under section 8 (2), Finance Act, 1931, £57,388 2s. 10d., of which £62,079 Bs. 3d. has been set against contributions for the year ending 31st March, 1932. Balance-sheet as at 31st March, 1932. Liabilities. Assets. Superannuation Fund Account— £ s. d. Balance due from Revenue £ s. d. £ s. d. Amount invested by the Board . . .. 2,907,760 15 10 Account .. .. 2,888.033 14 10 Contributions due in course of transmission .. 16,100 17 10 Add value of office furni- £ s. d. ture, fittings, and ma- Interest overdue .. .. 37,351 310 ehinerv .. 409 9 0 Interest due and accrued .. 34,242 8 8 ' 2,888,443 3 10 71,593 12 6 Retiring and other allowances due in course of Subsidy—■ payment—■ Cook Islands and Samoa .. .. .. 59 19 11 To members .. .. .. .. 3,260 14 3 Section 114, Public Service Superannuation To widows and children .. .. .. 305 0 4 Act .. .. .. .. • • 180 0 1 Refund of contributions due in course of pay- Cash in hand, Public Trustee .. .. 20,405 19 1 ment Cash in bank .. .. .. .. 325 14 4 Under section 37 (left service) .. .. 763 12 7 Rates, fees, premiums paid on account of mortUnder section 42 (death) .. .. .. 853 15 6 gagors (recoverable) .. .. . . 483 10 0 Expenses due in course of payment— Assets in Suspense.. .. .. •• 1,501 9 4 Heating and lighting .. .. . . 012 5 Office furniture, fittings, and machinery .. 409 9 0 Printing and stationery .. .. .. 711 10 Cost-of-living bonus (recoverable) .. .. 3 7 1 Cleaning .. .. .. .. 4 17 2 Post and Telegraph charges .. .. 218 0 0 Public Trustee's charges ...... 2,333 4 5 Contributions paid in advance or in error .. 4,595 5 1 Balance, Government subsidy* .. .. 64,500 0 0 Unclaimed account (contributions, &c.) .. 129 5 9 Writing-off, Suspense Account .. .. 1,50194 Post Office Account .. .. .. 51,908 2 6 £3,018,824 15 0 £3,018,824 15 0 * The Government subsidy is paid in January of each year; to show the true position of the fund it is necessary to state this item as a liaTbility, owing to the change in the date of the financial year. Subsidiary Account. Cost-of-living Bonus paid to Annuitants of the Public Service Superannuation Fund on behalf of the Treasury. £ s. d. £ s. d. To Amount disbursed for period Ist April, 1931, to By Balance, Ist April, 1931 .. .. .. 212 6 31st March, 1932 .. .. .. 3,509 2 4 Amount received from Treasury .. .. 3,503 2 9 Balance due from Treasury .. .. .. 3 7 1 £3,509 2 4 £3,509 2 4

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