BY LIEUTENANT-COLONEL WARD. 219 



have taken do not sufficiently expose the inadequacy of the pro- 

 visions of the Superannuation Act. 



From the data furnished in the Blue Book of the Colony, it 

 may be roughly estimated that the amount of retiring allowances 

 on full pay liable to be claimed during the next ten years on the 

 conditions under examination are 



At a distance of 1 year from the present date ... ... 2250 



2 years 700 



3 1525 



4 1500 



5 1400 



6 1175 



7 ... ... 1000 



8 450 



9 1260 



10 Nil. 



The immediate endowment required to prevent these pensipns 

 being paid out of the contributions of other subscribers to the 

 fund is by the above table 



Say 70,000. 



The same endowment would be necessary to meet claims 

 accruing at the moderate rate of 1500 per annum for the first 

 four years, and 1000 per annum for the following six years. 



