H.—26a

14

TABLE XI. Valuation Balance-sheet of the Public Service Superannuation Fund as at 31st December, 1910. Liabilities. Males— £ £ Value of 366 pensions for £37,904 7s. 4d. per annum already granted .. .. 316,793 „ 60 pensions for £1,080 granted to widows of contributors or pensioners . . 13,734 ~ 47 pensions for £611 per annum granted to the children of deceased contributors or pensioners .. .. .. . . .. . . 3,015 „ prospective pensions for back service .. .. .. .. .. 1,168,808 ~ ~ for future service .. .. .. .. . . 759,177 to widows . . . . .. .. .. 300,253 to children . . .. .. .. .. 63,877 ~ return of contributions on death .. .. .. .. .. 24,129 „ „ on withdrawal . . . . . . . . . . 217,488 2,867,274 Females— Value of 14 pensions for £348 4s. 7d. per annum already granted to female contributors.. 3,830 ~ prospective pensions for back service . . .. .. . . .. 30,977 ~ ~ for future service . . .. .. .. .. 39,739 „ return of contributions on death or withdrawal .. .. .. .. 17,290 91,842 £2,959,116 Assets. Accumulated funds .. .. .. .. .. .. .. .. .. .. 263,948 Value of future contributions from males .. .. .. .. .. .. .. 928,117 females .. .. .. . . .. .. .. 34,943 subsidy of £23,000 per annum ~ .. .. . . . . . . .. .. 575,000 „ increases in subsidy of £25,000 per annum now recommended .. .. . . . . 625,000 ~ future inoreases in subsidy to bo provided .. .. .. .. .. .. 532,108 '~£2,959,116

Authority : John Mackay, Government Printer. Wellington.—l9l2.