E.—BA

TABLE VIII. Consolidated Revenue Account of the Teachers' Superannuation Fund from Ist January, 1906, to 31st January, 1934. Income. £ s. d. Outgo. £ s. d. Funds at Ist January, 1906 . . .. Pensions to members, and allowances Members'contributions .. .. 2,309,263 19 6 to widows and children .. .. 2,892,751 4 8 Transfers from other funds .. .. 4,726 9 2 Contributions refunded .. .. 424,414 6 11 Government subsidy .. .. 1,058,583 6 8 Transfers to other funds .. .. 5,597 410 Subsidy under section 114, Public Ser- Administration expenses .. .. 19,312 0 1 vice Superannuation Act, 1927 .. 33,187 15 7 Commission .. .. .. 29,960 4 6 Subsidy from Fiji Government .. 2,202 17 3 Provision for loss on investments .. 16,475 17 11 Interest from investments .. .. 955,781 1 0 Other payments .. .. .. 43 6 9 Interest on arrears of contributions .. 26,333 3 2 Funds at 31st January, 1934 .. 1,003,184 16 1 Other receipts .. .. .. 1, 660 9 5 £4,391,739 1 9 £4,391,739 1 9 TABLE IX. SUMMARY OF TEACHERS' SUPERANNUATION FUND RESULTS. Valuation Balance-sheet, as at 31st January, 1934. Males — Liabilities. £ £ Value of 561 pensions for £154,147 19s. per annum already granted .. 1,354,293 ~ 268 pensions for £8,308 per annum granted to widows of deceased contributors and pensioners .. .. .. 78,737 „ 68 pensions for £1,768 per annum granted to children of deceased contributors and pensioners .. .. .. 7,148 ~ prospective pensions to widows .. .. .. .. 230,541 „ prospective pensions to children .. .. .. .. 45,686 „ prospective pensions for back service .. .. .. 1,597,700 „ prospective pensions for future service .. .. .. 1,231,410 ~ return of contributions on death .. .. .. 14,710 „ return of contributions on withdrawal .. .. .. 130,037 „ return of contributions (section 9 (2), National Expenditure Adjustment Act, 1932), say .. .. .. ~ 16,000 4,706,262 Females— Value of 981 pensions for £135,402 3s. per annum already granted .. 1,535,722 „ prospective pensions for back service .. .. 1,226,984 „ prospective pensions for future service .. .. .. 1,120,165 „ return of contributions on death .. .. . . 23,646 ~ return of contributions on withdrawal .. .. .. 183,899 „ return of contributions (section 9 (2), National Expenditure Adjustment Act, 1932), say .. .. .. .. 14,000 — 4,104,416 £8,810,678 Assets. £ Accumulated funds .. .. .. .. .. .. .. .. 1,003,185 Value of future contributions from males .. .. .. .. .. 820,302 ~ future contributions from females .. .. .. .. .. 503,375 subsidy of £43,000 now being paid .. .. .. .. .. 955,556 ~ subsidy under section 114, Public Service Superannuation Act .. .. 156,114 ~ future increase in subsidy to be provided .. .. .. .. 5,372,146 £8,810,678

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