80%
الم
309
Adamage elisa do nd YA: 3%
„babqfori arco een bay
A
21 To 1 nogle ?
SAN
AY GAIN
the 8 years at the high rate of interest allowed by
the government has also substantially increased the
total surplus now disclosed. If allowance be made
for these factors, the surpluses at the two dates
are found to be consistent, and thus establish the
validity of each of the Valuations and Results.
in
I present this Report at once: the calcu- lations for the distribution of the $109,404,
terms of Section 18 of Ordinance No.15 of 1908, are
in rapid progress, and shall be despatched, with
instructions, without delay. I might here add that
the individual allotments should take effect ra-
trospectively, that is to say, from and after the
31st of December, 1908.
The shares of Surplus apportioned to the
several entitled members will be computed in pro-
portion to the calculated values of their interests
in the Fund.
I am also preparing a Table for the whatim Commandation of Widows' Pensions, with brief Rules
for its application.
(Signed) T.E.YOUNG, B.A., F.I.A.,
Actuary.
STONE PAL
A et Vibns qɖxe
duenej sily be Jum
tipal) on Imue to velenou
betoporąze sdd
16 ad ten Ivorie
London;
23rd January, 1911.