Sessional_Paper_1899 — Page 116

1B

No.

2

90

HONGKONG.

REPORT ON THE WIDOWS' AND ORPHANS' PENSION FUND FOR THE YEAR 1898.

Laid before the Legislative Council by Command of His Excellency the Governor.

HONGKONG, 19th January, 1899.

SIR,-We have the honour to submit the following report on the Widows' and Orphans' Pension Fund for the year 1898.

A Statement of Accounts of the Fund to 31st December, 1898, is appended.

On that date the Funds were disposed as follows:-

On Fixed Deposits with the Hongkong and Shanghai Bank, On Deposit with the Government,

Total,.......

The average monthly contributions amount now to about $850.

$37,450.00 .$17,754.03

.$55,204.03

During the period under review 33 contributors joined the service, 12 left and 7 died.

There are at present on the books 225 compulsory contributors, of whom 104 are bachelors, 128 are married and 6 are widowers.

The total number of children on the books is 228.

The average age of the three classes of contributors (as far as it has been possible to calculate it) is as follows:

LAKAN

Bachelors, Married Men, Widowers,

...25 Years.

..37 11 ...53

1

There are in the list seven pensioners, whose pensions aggregate $680.07 per annum, as follows:-

Mrs. BEAVIN,

Mrs. MoosDEEN,

Mrs. LEUNG CHI WAN,

Mrs. MOORE,

*

Mrs. CUAN TAI,...

Mrs. ALARAKIA,

Mrs. CHU TSAU,........................

Total,.......

..$ 14.45

03.67

30.09

239.85

54.85

195.54

$1.62

$680,07

Messrs. F. MACHADO and J. G. DA ROCHA having resigned the post of Directors on their retire- ment from the Service, Messrs. C. W. DUGGAN and E. H. D'AQUINO were appointed in their places.

We have the honour to be,

Sir,

Your obedient Servants,

A. M. THOMSON,

Chairman.

A. W. BREWIN

FRANCIS W. CLARK.

C. W. DUGGAN.

E. H. D'AQUINO.

The Honourable T. SERCOMBE SMITH,

Acting Colonial Secretary,

&a.

&r.,

gc.