Pension Fund Report 219 



Wolfe since that time has taken an active interest in the wel- 

 fare of the Plan and has submitted for consideration an in- 

 teresting report of the condition of our Fund based upon his 

 observations, from which we quote as follows : 



"Your pension fund has been in existence nearly four years 

 —having been started in March, 1913— and it will be inter- 

 esting, therefore, to present a statistical review of this initial 

 period. 



The following statement of the receipts and disbursements 

 of the fund by calendar years will enable you to judge of its 

 growth : 



TABLE I 



Receipts from all Sources 



r 9 x 3 X9"4 *9*5 1916 T *?£f 



Deductions of 3% from pay-rolls of 



City Maintenance Account $4,100 14 $4,888 66 $4,937 72 $4,897 75 $18,824 27 



General Account 1,980 21 2,448 08 3.033 69 3.612 92 11,074 90 



Special Funds Account 26 58 81 20 64 84 no 63 283 25 



Corporate Stock Account : 98 06 367 47 4 56 121 16 591 25 



Incidental Account 31 ro 48 31 35 59 72 116 32 



Crocker Land Expedition 25 94 07 26 01 



Personal contributions from subscribing 



employees 203 09 170 27 214 21 198 88 786 45 



Interest on deferred contributions 1 60 1 60 



$6,465 72 $8,005 66 $8,290 61 $8,942 06 $31,704 05 

 Contributions of Board of Trustees to 

 equal contributions of subscribing em- 

 ployees 6,465 72 8,005 66 8,290 61 8,942 06 31,704 05 



Interest on Credit Balances 115 09 201 00 187 92 180 77 684 78 



Interest on Endowment Fund so 74 50 74 67 43 168 91 



Interest on Investment Fund 340 37 1,150 78 1,817 58 3,308 73 



Interest on leave of absence payments. 17 17 

 Interest on repayment of contributions 



and interest 87 87 



Return of contributions 68 78 68 78 



Interest on contributions returned 79 79 



Interest on deferred contributions 3 08 3 08 



$13,046 53 $16,674 04 $17,970 66 $19,952 98 $67,644 21 



Investment Fund 19,075 99 19,075 99 



Endowment Fund 1,083 27 27 50 1,140 40 2,251 17 



$14,129 80 $16,701 54 $17,970 66 $40,169 37 $88,971 37 



III' 



