B.—l [Pt. IV].

PUBLIC SERVICE SUPERANNUATION FUND. Revenue Account foe the Year 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 Fines, 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 11 £3,379,434 5 11

* Total amount of rebate allowed under section 8 (2), Finance Act, 1931, £57,388 2s. 10d., of which £52,079 ss. 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 .. 10,100 17 10 Add value of office furni- £ s. d. ture, fittings, and ma- Interest overdue .. .. 37,351 3 10 chinery .. .. 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 liability, 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 j 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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