B.—l [PT. IV],

PUBLIC SERVICE SUPERANNUATION FUND. Revenue Account for the Y,ear ended 31st March, 1940. Dr. £ s. d. Cr. Amount of fund at beginning of year .. 3,199,010 8 1 Retiring-allowances— £ s. d. £ s d Members'contributions— To members .. .. 503,670 7 6 Under section 19 (ordinary) .. .. 391,693 10 10 To widows and children .. 46,472 10 4 Transferred from other superannuation funds 1,686 19 0 550 142 17 10 Interest on arrears of contributions .. 409 12 4 Contributions returned— Government subsidy— Under section 37 (left Service) 49,988 3 5 Under section 50, Public Under section 42 (death) .. 21,809 19 4 Service Superannuation £ s. d. Under section 34 (retirement) 4,961 7 9 Act, 1927 . . .. 86,000 0 0 —759 jq q Under section 19,: Finance Contributions transferred— Act (No. 3), 1934 .. 40,877 14 6 To other superannuation funds .. .. 153 17 2 Under section 4, Finance To National Provident Fund (section 30, Act (No. 2), 1939 22,000 0 0 Finance Act, 1938) .. .. .. 771 4 j Under section 114, Public Premium on stock: Proportion written off .. 370 14 3 Service Superannuation , } .i; ' v Loss on realization of securities .. .. 658 22 Act, 1927 (widows and ' Expenses— £ s . d. children) .. .. 20,184 17 9 Audit fees .. .. 75 0 0 Under section 27, Statutes Contingencies .. .. 119 4 Amendment Act, 1936 Furniture and fittings .. 349 13 0 (actuarial pensions) .. 743 0 0 Heating, lighting, and cleaning 52 6 5 169,805 12 3 Legal charges .. .. 126 5 11 Interest on investments . . 116,669 13 11 Medical fees .. .. 104 0 0 Less amounts written off by Messenger service .. .. 14 10 4 Court orders: Mortgagors Overtime and meal allowance 107 0 6 and Lessees Rehabilitation Postages and services .. 333 4 5 Act, 1936 .. .. 56 14 3 Post and Telegraph Department charges .. .. 1,162 11 6 116,612 19 8 Printing and stationery .. 188 9 3 Reimbursement by Treasury Public Trustee's charges .. 2,356 14 4 on account reduction in Removal expenses.. .. 18 2 1 interest* .. .. 11,963 16 1 Rent .. .. .. 395 14 10 128,576 15 9 Salaries .. .. .. 2,948 5 2 Subsidy— Travelling - expenses Board Cook Islands and Samoa .. .. .. 937 4 10 members .. .. 20 6 11 Imperial War Graves Commission . . .. 22 10 0 Typewriters and other maFines, fees, and sundries .. . . .. 591 5 6 chines (upkeep) .. . . 9 6 4 Stipendiary Magistrates' Account: Administra- " g 263 10 4 tion expenses recovered .. .. .. 43 13 10 Balance as at 31st March, 1940 .. .. 16 1 £3,892,777 12 5 £3,892,777 12 5

» Payment by Treasury of amount of statutory reduction of interest on mortgage securities (National Expenditure Adiustment Act, iq<!9 p»rt rm £2,209 6s. (id.; statutory reduction of interest, New Zealand Government inscribed stock (New Zealand Debt-conversion Act, 1932-33) £4 749 4s 7d • statutSv reduction of interest, local-body debentures (section 5, Local Authorities Interest Reduction and Loans Conversion Act, 1932-33), £5,005 55.: total, £11 ,'963 16s. Id

Balance-sheet as at 31st March, 1940. Liabilities. Assets. £ s d Superannuation Fund Account— £ s. d. £ s. d. Amount invested bv the Board .. . 3 023 298 7 1 Balance due from Revenue _ Contributions of members— £ s. d. ' Account .. .. 3,255,657 16 1 In course of transmission .. 32,961 I 3 Add value of office furniture, Due and outstanding .. 6,636 12 11 fittings, and machinery 564 7 7 ~. 3g rjgy 2 Interest on investments— 3,256,222 3 8 Accrued but not due .. 28,414 10 4 Less amounts due to con- Due but not overdue .. 2,726 6 0 tributors under the Due and outstanding .. 9,019 2 9 provisions of section 9 in icq in i (2), National Expendi- Subsidy— ture Adjustment Act, Cook Islands and Samoa .. 112 19 8 1932 .. .. 65,531 7 11 Imperial War Graves Com3,190,690 15 9 mission .. .. 5 12 6 Retiring and other allowances Section 114, Public Service due in course of payment— Superannuation Act, 1927 To members .. .. 3,172 4 2 (widows and children) .. 1,926 5 4 To widows and children .. 541 4 6 2 044 17 6 3,713 8 8 Cost-of-living bonus (recoverable) .. .. 44 2 4 Refunds of contributions due Rates, fees, and premiums paid on account in course of transmission — mortgagors (recoverable) .. , 408 1 10 Under section 37 (left Ser- Premiums paid on purchase £ s. d. vice) • • • • 1 > 986 6 4 Government stock .. 3,951 14 0 Under section 42 (death) 4,267 4 5 Less amount written off . . 373 13 3 Under section 34 (retire- 3 843 1 4 7,096 12 1 Cash in hand, Public Trustee -f *12'251 \ 5 Contributions transferable to other superannua- ' 1 jg 4gg tion funds .. .. .. .. 71 17 0 Post Office Account .. .. .. 36'291 5 11 Expenses due in course of Bank account .. .. .. 1 18 11 payment— £ s. d. Office furniture, fittings, and machinery .. 564 7 7 Heating and lighting .. 2 8 7 Assets in Suspenso .. .. 663 610 Postages and services .. 28 6 2 Post and Telegraph Department charges .. .. 268 0 6 Printing and stationery .. 20 5 7 Rent .. .. .. 44 8 4 Typewriters and other machines (upkeep) .. 0 5 0 363 14 2 Unclaimed account (contributions, &c.) .. 450 4 9 Writing off, Suspense Account .. .. 663 6 10 Contributions paid in advance or in error .. 1,278 3 3 Public Trustee's charges on accrued interest .. 1,036 17 9 Amount due to contributors under the provisions of section 9 (2), National Expenditure Adjustment Act, 1932 .. .. .. .. 65,531 7 11 £3,270,896 8 2 £3,270,896 8 2 * On deposit at call.

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