PROVINCE OF BRITISH COLUMBIA Twenty-fourth Annual Report of the Business Done in Pursuance of the MUNICIPAL SUPERANNUATION ACT for the YEAR ENDED MARCH 31 1963 Printed by A. Sutton, Printer to the Queen's Most Excellent Majesty in right of the Province of British Columbia. 1964 To Major-General the Honourable George Randolph Pearkes, V.C., P.C., C.B., D.S.O., M.C., Lieutenant-Governor of the Province of British Columbia. May it please Your Honour: The undersigned respectfully submits the Report of the business done in pursuance of the Municipal Superannuation Act during the fiscal year ended March 31, 1963. WESLEY D. BLACK, Provincial Secretary. Provincial Secretary's Office, Victoria, B.C., January 6, 1964. The Honourable Wesley D. Black, Provincial Secretary, Victoria, B.C. Sir,—I have the honour to lay before you the Report of the business done in pursuance of the Municipal Superannuation Act during the fiscal year ended March 31, 1963. I have the honour to be, Sir, Your obedient servant, W. H. FORREST, Commissioner of Municipal Superannuation. January 3,1964. Municipal Superannuation Report, 1962/63 Report of the Business Done in Pursuance of the Municipal Superannuation Act during the Fiscal Year Ended March 31, 1963 Section 3 (1).—The following employers adopted the Act during the year under the provisions of clause (c), (d), (/), (/'), or (/c) of this subsection, effective from the date shown:— Employer Effective Date McBride and District Hospital Retroactive to July Mills Memorial Hospital (Terrace) Retroactive to July University Health Centre (Vancouver) Retroactive to April National Union of Public Employees (B.C. Division) April Fort Nelson General Hospital April School District No. 64 (Gulf Islands) April Holy Family Hospital (Vancouver) July School District No. 12 (Grand Forks) July Village of Natal September Hospital Employees Union, Local 180 Lower Mainland Regional Planning Board University Hill School Board School District No. 19 (Revelstoke) School District No. 37 (Delta) .September ..December -December January January January 1960 1960 1961 1962 1962 1962 1962 1962 1962 1962 1962 1962 1963 1963 1963 School District No. 76 (Agassiz) Also under section 41— City of Courtenay Volunteer Firemen January 1, 1963 As at March 31, 1963, there were 269 active employer accounts in the Fund. Section 5.—A statement of all moneys received and paid out under the provisions of this Act, and the assets and liabilities appertaining to the granting of superannuation allowances under its provisions, is given in the statement of revenue and expenditure and the balance-sheet appended. Section 6.—Basic employee 5-per-cent contributions amounted to $4,282,- 248.06, and employee voluntary and special agreement contributions amounted to $739,928.22. As at March 31, 1963, there were 19,235 active contributors. Section 8.—(1) Employer contributions amounted to $4,289,756.05 in respect of current service and $1,564,546.08 in respect of past service. An amount of $2,884.12 was refunded to sundry employers to adjust contributions made in error. (2) Extra employer contributions totalling $2,766.03, being one-half of 1 per cent of salaries for Victoria firemen, were made under a special agreement with this employer. In accordance with the provisions of individual special agreements with 48 employers under the Act, a total of $260,857.65 was paid out in supplementing superannuation allowance payments. Of this amount, $138,045.59 was reimbursed to the Fund by the 48 employers and $122,812.06 was paid from the Reserve Account, derived from interest earnings of the Fund in excess of 4 per cent, as authorized by section 10 (6) and Order in Council No. 1502, approved on June 7, 1962. The amount payable for a full year derived from excess interest earnings will approximate $165,000. Section 10.—(1) The Minister of Finance paid $80,000 into the Fund, which payment was in lieu of interest on the certificates of loan under the former Act. R 6 BRITISH COLUMBIA (2) The net rate of interest earnings of the Fund for the year was 4.57 per cent, and after charging administration expenses, 4.47 per cent; therefore, no payment was required by the Minister of Finance under this subsection. (3) An amount of $321,136.81, being the excess of the interest earnings over the required 4 per cent, was transferred to the Reserve Account, which totalled $895,900 as at March 31, 1963. Section 13.—Superannuation allowances were granted to 173 contributors who attained retirement age. For analysis, see schedules of comparative statistics appended. Section 16.—Superannuation allowances were granted to three contributors under the total and permanent disability provisions. Section 17.—Superannuation allowances were granted to the dependent in the caseof 19 contributors who died while still in service. Refunds totalling $40,716.91 were made in the case of 35 contributors who died while still in service. Section 18.—Refunds totalling $880,644.06 were made in the case of 1,941 contributors who left the service of their employers. Section 22.—Actuarial and administration expenses paid from the Fund amounted to $64,804.93. The total administration expenses of the Superannuation Branch are distributed among the various funds administered on the basis of contributors and pensioners. A comparison of the annual unit cost per contributor and pensioner for the last six years is as follows:— 1957/58 $2.94 1960/61 $2.77 1958/59 2.92 1961/62 2.72 1959/60 3.18 1962/63 2.73 Section 27.—The securities held by the trustees on March 31, 1963, are set out in Schedule No. 2 of this Report. During the year $21,741,200 par value bonds were purchased, the average yield being 5.50 per cent; $8,010,500 par value bonds were sold at an average yield of 5.31 per cent; and $2,402,250 par value bonds were redeemed, resulting in a net increase of $11,328,450 par value bonds held by the trustees between April 1, 1962, and March 31, 1963. As the average holding yield rate on the $8,010,500 par value bonds sold was only 4.55 per cent, the sales resulted in a book loss amounting to $321,302.42, which it was necessary to charge against 1962/63 interest earnings, reducing the net rate of interest earnings for the year from 4.94 to 4.47 per cent. However, the proceeds were reinvested in bonds with an average coupon rate of 5.23 per cent to yield 5.50 per cent, which will more than offset the book loss in future years. The prices paid for securities bought or sold are determined by market conditions at the time of transfer. Every effort is made to invest the funds as soon as they become available at the maximum yield possible at the time of purchase. LEGISLATION The Municipal Superannuation Act Amendment Act, 1963, includes the following changes:— 1. Provided for the extension of the plan by Order in Council to an improvement district incorporated under the Water Act. 2. Established a fourth retirement group for female hospital employees and female employees of other employers under the Act, who by resolution place their female staff in Group Four. Under Group Four the maximum retirement age is 65 years and the minimum retirement age is 60 years, with employer contribution rates of 2.5 per cent of salary up to age 50 and 5 per cent thereafter. This exten- MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 7 sion of the maximum retirement age enables some employees to participate who could not formerly meet the service requirements. Provision was made to allow female contributors who had attained age 50 on April 1, 1963, to retire at or after age 55 if they so desire. 3. Increased the maximum temporary annuity an employee may select at retirement age from $55 per month to $65 per month. W. H. FORREST, Commissioner of Municipal Superannuation. MUNICIPAL SUPERANNUATION FUND Statement of Revenue and Expenditure for the Fiscal Year Ended March 31, 1963 Revenue Contributions as per requirements of the Municipal Superannuation Act—• Employees, section 6— Basic 5-per-cent contributions $4,282,248.06 Voluntary and special agreement contributions 739,928.22 $5,022,176.28 Employers, section 8— In respect of current service (Schedule No. 1) $4,289,756.05 In respect of past service (Schedule No. 1) 1,564,546.08 Special agreement bonus contributions 2,766.03 Special agreement supplementary pension payments (as per contra) 138,045.59 5,995,113.75 Minister of Finance, section 10 (1) 80,000.00 Interest on investments and bank interest 3,110,030.47 $14,207,320.50 Expenditure Superannuation allowances— Paid from Fund Basic Account $1,962,235.16 Special agreement supplementary pension payments—- Paid by former employers (as per contra) $138,045.59 Paid from Fund Reserve Account 122,812.06 260,857.65 $2,223,092.81 Refunds— Resignations, etc., section 18 $880,644.06 Death in service, section 17 40,716.91 Miscellaneous employee 2,542.74 Miscellaneous employer 2,884.12 — — 926,787.83 Administration expenses, sections 22 and 30 64,804.93 3,214,685.57 Net increase of ledger assets $10,992,634.93 R 8 BRITISH COLUMBIA MUNICIPAL SUPERANNUATION FUND Balance-sheet as at March 31, 1963 Assets Cash in bank Accounts receivable—current contributions, etc., due from municipalities, hospitals, school districts, etc Investments at cost or par—net after amortization of premiums and discounts {see Schedule No. 2) (par value, $77,594,200) Accrued interest on investments $9,673.47 1,020,803.88 75,126,844.38 858,242.29 $77,015,564.02 Liabilities Municipal Superannuation Fund Basic Account $58,810,896.63 Employees' Retirement Annuity Account Victoria Agreement Bonus Account for Firemen ... Victoria Agreement Bonus Account for Policemen Reserve Account Accounts payable 17,297,815.01 9,016.30 849.04 895,900.00 1,087.04 $77,015,564.02 Approved. W. H. FORREST, Superannuation Commissioner. G. S. SOUTAR, Accountant. COMPTROLLER-GENERAL'S CERTIFICATE The accounts of the Municipal Superannuation Fund for the year ended March 31, 1963, have been examined under my direction. Subject to the actuarial sufficiency of the Fund and the adequacy of the prescribed tables, the above balance-sheet is, in my opinion, properly drawn up so as to exhibit a true and correct statement of the affairs of the Fund, according to the best of my information and the explanations given to me and as shown by the books of the Fund. Victoria, B.C., January 2, 1964. C. J. FERBER, C.A., Comptroller-General, Province of British Columbia. MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 9 SCHEDULE No. 1 Contributions by Employer for Year Ended March 31, 1963 Employer Total Contributory Salaries, 1962/63 Employer Contributions For Current Service For Past Service Cities (32) Alberni Armstrong- Chilliwack.. Courtenay.. Courtenay Volunteer Firemen (effective January 1, 1963). Cranbrook Dawson Creek Duncan Enderby Fernie Grand Forks.. Greenwood. Kamloops Kelowna Kimberley Langley Nanaimo Nelson New Westminster.. North Vancouver... Penticton Port Alberni Port Coquitlam Port Moody Prince George Prince Rupert Revelstoke Rossland Trail Vancouver.. Vernon Victoria White Rock- Sub-total of 33 city accounts.. Districts (29) Burnaby Central Saanich.. Chilliwhack Coldstream Delta.. Esquimalt Fraser Mills.. Kent Kitimat Langley Maple Ridge.. Matsqni Mission North Cowichan.... North Vancouver.. Oak Bay_ Peachland Pitt Meadows- Powell River.... Richmond Saanich- Salmon Arm Spallumcheen^ Sumas Summerland.. Surrey Tadanac Terrace- West Vancouver.. $59,807.81 13,770.00 67,206.39 59,051.50 4,560.00 202,474.44 197,781.70 68,322.22 12,695.00 76,509.76 28,385.02 7,254.68 228,948.95 502,924.53 163,611.50 29,921.29 390,253.48 502,693.91 1,799,479.18 836,909.94 390,280.31 253,495.97 113,866.90 103,222.92 264,702.11 423,010.38 144,403.22 102,946.84 328,670.14 24,475,130.23 259,771.92 3,200,929.33 81,315.75 $3,361.21 681.60 2,706.34 3,040.10 240.00 10,459.03 8,415.11 3,111.41 507.80 3,594.48 1,499.15 396.63 12,377.86 23,621.58 8,232.80 1,169.71 19,799.23 24,462.06 107,423.26 45,284.47 18,577.97 13,494.26 5,107.59 4,906.44 13,204.85 21,256.28 7,358.52 5,221.43 18,653.36 1,348,523.57 13,306.35 191,900.51 4,130.45 $3,352,602.11 37,175.84 59,827.70 30,073.00 14,579.12 230,370.38 23,666.20 325,804.63 194,466.80 116,799.60 181,847.00 97,247.36 108,528.55 1,212,342.40 491,011.85 2,800.00 21,108.41 308,336.68 843,121.15 1,248,213.24 31,313.50 6,780.00 51,546.07 101,861.26 1,300,268.00 265,961.63 67,069.75 937,834.35 Sub-totals of 28 active district accounts... $11,662,556.58 $163,389.78 2,420.31 2,452.62 1,362.82 581.76 11,156.46 1,279.16 14,663.60 9,558.97 5,599.67 9,921.87 5,658.94 5,280.23 58,981.07 28,916.04 112.00 814.35 16,799.79 41,010.14 67,800.02 1,584.42 251.40 2,733.91 5,023.12 68,146.08 18,005.19 3,361.07 46,777.73 $1,347.00 413.04 590.04 591.96 50.04 6,555.00 6,909.96 8,273.04 53,620.08 16,631.04 263.04 4,515.96 1,104.00 341.04 2,046.06 5,007.96 1,787.04 1,631.04 635,445.00 2,874.00 112,991.04 $35,394,307.32 | $1,946,025.41 | $862,987.38 $15,213.96 1,251.00 885.96 2,238.96 302.04 834.00 147.96 69.00 219.96 3,048.96 7,590.00 37.36 1,628.04 854.04 8,083.92 111.96 2,895.00 5,762.04 13,304.04 7,286.04 $593,642.52 $71,764.24 R 10 BRITISH COLUMBIA SCHEDULE No. 1—Continued Contributions by Employer for Year Ended March 31, 1963—Continued Total Contributory Salaries, 1962/63 Employer Contributions Employer For Current Service For Past Service Towns (4) Pnrf St, Tnhn $56,584.80 62,229.00 97,647.53 59,620.00 $2,718.21 3,549.26 4,550.96 2,838.30 $746.04 152.04 24.00 Sub-totals of 4 towns $276,081.33 $13,656.73 $922.08 Villages (61) Abbotsford $14,299.48 $661.43 7,150.00 7,213.00 18,192.63 61,935.01 23,611.43 238.00 366.52 955.68 3,424.55 1,066.49 $176.04 6,915.00 18,534.08 37,352.39 4,193.99 276.60 1,054.52 1,494.06 167.75 9,360.00 4,080.00 15,742.31 553.80 163.20 618.43 26.90 426.96 finlrfen 31,668.83 1,592.03 135.96 15,480.04 3,360.00 619.19 268.80 23,588.58 12,960.00 33,015.29 8,748.50 12,870.00 1,327.11 732.00 1,521.14 541.90 610.80 480.00 4,500.00 9,108.00 180.00 364.32 22,216.83 6,910.00 3,734.40 4,021.60 15,055.16 3,750.00 12,599.50 810.98 452.40 133.00 160.92 827.45 150.00 623.96 206.04 Natal (effective September 1, 1962) 33.96 8,400.00 26,099.19 9,365.00 8,400.00 39,818.52 4,200.00 9,888.00 294.00 1,247.47 374.60 504.00 2,054.14 336.00 601.92 243.00 Sechelt Sidney „ 1,475.80 1,589.24 25,900.00 33,688.34 Vanderhoof 13,160.42 844.12 MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 11 SCHEDULE No. 1—Continued Contributions by Employer for Year Ended March 31, 1963—Continued Employer Total Contributory Salaries, 1962/63 Employer Contributions For Current Service For Past Service Villages—Continued Warfield Williams Lake. Zeballos Sub-totals of 42 active village accounts . Miscellaneous Employers (21) Burnaby Public Library Civic Properties Commission (Chilliwack) Cultus Lake Park Board Family and Children's Service (Victoria).... Greater Nanaimo Water District..... Greater Vancouver Sewerage and Drainage District- Greater Vancouver Water District Greater Victoria Water District.— Hospital Employees' Union, Local 180 (effective September 1, 1962). Lower Mainland Regional Planning Board (effective December 1, 1962) National Union of Public Employees (effective April 1, 1962)... __ Nelson Civic Centre. - Nelson Municipal Library— — North Shore Union Board of Health Queensborough Bridge Toll Authority.. Trail-Tadanac Parks Commission University Endowment Lands Vancouver Housing Authority . Vancouver Public Aquarium Association.. Vernon Civic Arena Victoria Memorial Arena. Sub-totals of 21 miscellaneous employers.. Hospitals by Location (89) Abbotsford—Matsqui-Sumas-Abbotsford. Alert Bay—St. George's .. Armstrong—Armstrong and Spallumcheen. Ashcroft—Lady Minto Bella Bella—R.W. Large Memorial Bella Coola—Bella Coola General Burnaby—Burnaby General - Burns Lake—Burns Lake and District Campbell River—Campbell River and District General. Castlegar—Castlegar and District Chemainus—Chemainus General Chilliwack—Chilliwack General Comox—St. Joseph's General.... Cranbrook—St. Eugene.. Creston—Creston Valley Cumberland—Cumberland General.. Dawson Creek—St. Joseph General- Duncan—King's Daughters'. Enderby—Enderby and District Memorial- Esperanza—Esperanza General. Fernie—Fernie Memorial Fort Nelson—Fort Nelson General (effective April 1, 1962) Fort St. John—Providence Ganges—Lady Minto. Golden—Golden and District General- Grand Forks—Boundary „.- Haney—Maple Ridge Hazelton—Wrinch Memorial Hope—Fraser Canyon- Invermere—Windermere District.. Kamloops—Royal Inland Kaslo—Victorian $18,112.00 32,226.67 $694.28 1,823.08 31,424.19 $54,030.14 6,600.00 5,160.00 122,765.34 41,105.44 631,721.50 1,067,526.14 125,914.49 18,851.80 9,237.00 16,302.00 13,839.59 2,927.01 142,912.87 37,693.40 62,825.30 145,042.07 30,470.38 35,429.00 7,800.00 13,723.07 $2,591,876.54 $155,026.12 76,045.00 27,197.50 31,381.26 29,128.37 44,606.58 722,116.40 35,588.91 131,504.85 64,231.41 29,308.97 371,875.24 111,562.18 149,704.64 77,367.13 68,677.06 118,688.00 350,595.93 30,325.63 28,820.00 70,182.42 18,660.95 66,348.10 20,475.70 34,631.69 12,327.00 177,470.37 98,542.88 44,645.90 30,598.44 507,385.37 10,600.60 $33,795.68 | $1,728.86 $2,273.07 264.00 413.80 6,171.54 2,630.20 31,425.31 56,125.44 5,152.02 1,365.04 397.48 622.45 757.74 175.62 6,127.53 1,953.46 2,848.50 8,422.59 2,093.01 1,647.84 312.00 548.95 $131,727.59 $6,529.76 3,589.28 1,631.97 1,384.69 1,196.07 1,663.91 29,270.47 1,515.31 6,099.57 2,511.25 1,207.61 15,110.48 4,940.85 6,445.65 3,709.07 3,534.50 4,825.91 15,834.92 1,687.23 1,123.60 2,803.76 686.32 2,925.75 1,205.35 1,501.78 658.60 6,992.43 4,352.23 1,719.62 956.20 20,867.37 504.22 $547.00 3,627.96 4,985.04 11,278.04 732.96 747.96 404.04 2,913.00 $25,236.00 $1,992.96 2,078.04 933.96 1,695.00 456.96 396.00 9,390.00 705.96 1,668.96 383.04 177.00 8,487.00 3,335.35 3,630.00 1,911.96 2,406.00 2,388.96 10,086.85 1,454.04 1,326.00 1,806.00 186.00 1,262.04 233.04 786.54 1,740.96 1,782.06 139.08 24.00 10,330.96 291.00 R 12 BRITISH COLUMBIA SCHEDULE No. 1—Continued Contributions by Employer for Year Ended March 31,1963- -Continued Employer Total Contributory Salaries, 1962/63 Employer Contributions For Current Service For Past Service Hospitals by Location—Continued Kelowna—Kelowna General Kimberley—Kimberley and District Kitimat—Kitimat General Ladysmith—Ladysmith and District General Lillooet—Lillooet District.. McBride—McBride and District (effective July 1, 1960) Merritt—Nicola Valley General Michel—Michel Mission—Mission Memorial Murrayville—Langley Memorial Nakusp—Arrow Lakes Nanaimo—Nanaimo Regional General Nelson—Kootenay Lake General New Denver—Slocan Community New Westminster—Royal Columbian New Westminster—St. Mary's North Vancouver—Lions Gate Ocean Falls—Ocean Falls General Oliver—St. Martin's - Pender Harbour—St. Mary's Penticton—Penticton - Port Alberni—West Coast General _.. Pouce Coupe—Pouce Coupe Community Powell River—Powell River General Prince George—Prince George Regional— Prince Rupert—Prince Rupert General — Princeton—Princeton General _ Queen Charlotte City—Queen Charlotte Islands General Quesnel—G. R. Baker Memorial Revelstoke—Queen Victoria Rossland—Mater Misericordise — Salmon Arm—Shuswap Lake General Sidney—Rest Haven Smithers—Bulkley Valley District Squamish—Squamish General Summerland, West—Summerland General Surrey, North—Surrey Memorial Terrace—Mills Memorial (effective July 1, 1960; contribution from January 1, 1963) Tofino—Tofino General Trail—Trail-Tadanac Vancouver— Children's Vancouver General G. F. Strong Rehabilitation Centre Grace Holy Family (effective July 1, 1962) Mount St. Joseph's St. Paul's _ St. Vincent's _ University Health Centre (effective April 1, 1961) Vanderhoof—St. John Vernon—Vernon Jubilee Victoria— Gorge Road Queen Alexandra Solarium Royal Jubilee St. Joseph's White Rock—White Rock District Williams Lake—Cariboo Memorial Sub-totals of 87 active hospital accounts School Districts (54) Agassiz (No. 76) (effective January 1, 1963).. Alberni (No. 70).. Alert Bay (No. 73).. $503,404.97 127,212.31 101,622.89 62,014.16 24,270.86 15,616.05 28,109.00 28,401.00 106.600.73 190,283.33 2,874.88 339,059.98 261,670.89 22,432.46 1,781,443.02 383,719.42 745,103.68 39,704.89 64,479.53 31,136.00 360,011.42 224,294.99 29,502.50 277,961.94 244,224.06 217,801.24 28,851.96 20,094.00 108,518.63 64,292.88 44,946.50 136,845.10 25,462.00 76,380.30 32,766.60 57,210.50 300,773.42 17,175.00 13,963.00 432,837.71 322,299.45 6,767,154.31 207,281.19 337,756.69 171,070.65 1,786,932.71 306,573.60 38,570.42 252,115.26 105,349.18 129,864.87 1,721,015.67 1,338,728.65 126,505.83 84,742.76 $25,014,655.64 $4,699.23 181,662.44 19,965.00 $22,324.57 6,424.47 3,402.64 2,944.94 832.23 1,019.99 1,023.61 881.58 4,862.37 8,291.93 86.22 15,046.17 11,991.29 1,181.62 82,213.89 14,484.17 31,458.11 1,534.16 2,836.33 1,250.48 17,118.35 10,420.75 1,273.20 12,446.83 9,656.10 9,383.54 1,736.66 808.74 4,437.68 3,059.85 2,032.47 6,676.85 1,070.55 3,079.17 1,216.15 2,746.40 11,395.92 677.52 597.47 19,369.83 14,764.24 280,319.72 8,608.20 14,746.96 7,145.51 76,972.80 13,861.09 1,558.67 12,528.90 5,057.65 5,929.07 75,286.46 59,432.84 6,111.45 3,812.01 $1,078,416.10 $11,895.00 4,803.00 3,068.04 27.00 894.96 384.96 2,475.00 4,620.96 336.00 9,503.04 8,673.00 674.04 68,053.90 4,673.04 18,919.96 155.02 1,191.96 237.96 8,810.04 9,231.00 227.04 7,548.00 3,249.00 4,167.00 1,202.04 150.00 1,308.00 1,674.96 2,424.00 3,060.96 935.04 593.58 1,359.96 1,767.00 2,888.04 188.04 12,728.79 13,211.04 59,880.60 4,137.24 8,622.19 4,841.04 55,200.04 10,202.96 495.00 10,077.00 1,682.60 2,378.04 25,951.56 33,650.04 2,826.96 621.96 $511,363.32 $287.88 10,440.41 887.73 $3,252.96 775.20 MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 13 SCHEDULE No. 1—Continued Contributions by Employer for Year Ended March 31,1963- -Continued Employer Total Contributory Salaries, 1962/63 Employer Contributions For Current Service For Past Service School Districts—Continued Arrow Lakes (No. 10). Burnaby (No. 41).. Campbell River (No. 72).. Castlegar (No. 9) Chilliwack (No. 33) Courtenay (No. 71) - Cowichan (No. 65) Creston (No. 5).. Delta (No. 37) (effective January 1, 1963).. Fernie (No. 1).. Fraser Canyon (No. 32) — Grand Forks (No. 12) (effective July 1, 1962). Greater Victoria (No. 61).. Gulf Islands (No. 64) (effective April 1, 1962). Howe Sound (No. 48) Kamloops (No. 24) Kelowna (No. 23) Kimberley (No. 3) Kitimat (No. 80) Ladysmith (No. 67) Merritt (No. 31) Mission (No. 75) Nanaimo (No. 68) Nelson (No. 7) New Westminster (No. 40).. North Vancouver (No. 44).. Penticton (No. 15) Powell River (No. 47) Prince George (No. 57) Prince Rupert (No. 52) Princeton (No. 17) Qualicum (No. 69) Quesnel (No. 28)- Revelstoke (No. 19) (effective January 1, 1963)-. Richmond (No. 38) Saanich (No. 63) Salmon Arm (No. 20).. Sechelt (Gibsons) (No. 46). Slocan (No. 8) Smithers (No. 54) Sooke (No. 62) Southern Okanagan (No. 14).. Summerland (No. 77) Terrace (No. 53) Trail (No. ID- University Hill (effective December 1, 1962)..... Vancouver (No. 39) — Vanderhoof (No. 56) Vernon (No. 22).. West Vancouver (No. 45).. Williams Lake (No. 27) Sub-totals of 54 school districts Totals of 269 active employer accounts. $38,108.36 857,073.45 63,381.37 92,408.50 103,148.99 101,707.23 131,230.96 89,390.56 26,480.60 47,430.88 31,863.05 15,044.64 857,228.20 19,850.00 59,899.00 179,873.27 184,836.98 54,640.45 121,662.56 33,190.87 34,038.57 68,402.98 299,359.34 108,589.39 181,272.00 467,361.44 69,060.00 109,234.97 167,917.82 34,343.64 25,926.50 28,807.00 61,626.52 1,065.00 394,468.89 72,453.42 88,566.00 54,471.87 11,100.00 59,191.00 84,144.00 65,358.00 17,646.72 54,340.00 194,523.28 6,058.00 3,257,110.20 44,341.17 104,720.17 162,988.89 87,482.77 $9,730,746.14 $85,351,647.74 $1,900.16 41,440.86 3,449.83 4,082.30 4,622.41 6,601.52 14,234.18 5,065.06 1,425.79 2,317.46 1,802.85 581.33 42,184.68 1,195.10 2,858.04 7,931.12 9,214.78 2,525.80 6,248.35 1,749.23 1,448.76 3,223.48 16,198.56 5,653.55 9,646.96 26,019.42 3,749.90 5,303.01 8,751.00 1,504.92 1,345.06 1,205.26 3,184.70 42.60 16,261.29 4,348.27 4,530.57 3,749.12 636.00 2,886.19 4,881.95 4,156.46 755.71 2,423.60 9,851.87 231.32 157,760.14 2,320.72 4,739.10 8,893.15 3,742.51 $492,492.02 $4,289,756.05 $2,295.00 123.00 1,290.00 53.04 57.96 648.00 64.75 11,810.04 158.13 165.00 756.00 179.04 375.00 12,356.00 1,068.00 3,327.96 3,027.00 363.00 258.00 120.00 536.04 611.04 758.04 117.96 219.96 45,581.04 39.00 158.04 $90,544.20 $1,564,546.08 R 14 BRITISH COLUMBIA SCHEDULE No. 2 Trustees of the Municipal Superannuation Fund and the Minister of Finance for the Province of British Columbia Securities Held as at March 31, 1963 Par Value Book Value Province of British Columbia $85,000.00 $84,766.23 Province of British Columbia guaranty— British Columbia Hydro and Power Authority 12,649,200.00 12,075,370.27 British Columbia Power Commission 6,897,500.00 6,790,608.29 British Columbia Electric Company Limited-. 1,875,750.00 1,706,605.09 British Columbia Toll Highways and Bridges Authority 1,671,000.00 1,682,131.65 Pacific Great Eastern Railway Company 3,426,000.00 3,340,876.34 Greater Vancouver Water District 855,000.00 830,779.79 Vancouver and District loint Sewerage and Drainage Board 17,000.00 17,151.73 Greater Vancouver Sewerage and Drainage District 3,169,000.00 3,142,586.20 British Columbia school district serials 40,513,650.00 39,104,328.45 British Columbia municipal serials 2,449,000.00 2,339,866.48 British Columbia hospital improvement district serials 704,000.00 702,052.00 British Columbia fire protection and waterworks district serials 422,100.00 403,074.15 Province of Manitoba 345,000.00 345,000.00 Province of Ontario guaranty—• Ontario Municipal Improvement Corporation 1,690,000.00 1,718,958.38 University of Toronto 825,000.00 842,689.33 $77,594,200.00 $75,126,844.38 MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 15 Q Z z o so as 8 0\ •-1 P z ""I z % a, a ^ Pi r> H y) ,o i-i •S < 0< a o &3 z > p ■»-, I ft, s a 5 rt S"M3 Is1- EU3 OV <H or- co vo OsOs CS ro CO CO r-os-*r-,d-vO'*if)t^^,in«ovvDinooo\-l'r-r-r--. p^OvoOOcov^pvOi^pOvcSi-iOvOvcovoiOcovqoO rn* Tt th" co" Ov Ov O r* vo" 0\ oo' co" vo ,-h' r-' co" vo th \Q r-^ ci CS cocSOvCNcOi-HcOVOOOvoooooavoOTr'Oor'-CT.TtinON (S ■* q -t vo^ « vo^ q o i> ^H Tt cs r-^ p_ w «n »-* vq vq co o oC oo o" rl h co* ri f- r-" » tt *i K o" 10" ro wi vo" rT Ov i/> m voovoo-mcsOvor.'-'«nr~-covoooi-(C>in>r)oooOfS nTj,TtTtin^M^ooo\0\0\TH^T«c.Nn't<nr-cs COVOCOOOTtOOCSinC-l'^Tt-vOTt'i-ioOtncO'nvocSO'-'TtoO r>eorH^co-^ooOTH©iri^c;ti/"ivor"-Q\0-^r--a\i-rtii4or-r- ^ 9.,l^im^* "l^M $ o« o o o qo pc.o o ^ci m <t( H H h h h h h h h h c* rf ci" M* cf « <S (S* M* N N" N N oeO\vomooviHO\T)-inoco^H(f)r-^rtit>NMn t-0\HO\ri(nHr--!tmwmMOO\oo^hociOnMO\ HrtFHlHf^rtHrtHH T-t rtH rHMfSrH vo as oo Tf Tt CO tn vo" Tt r» vo o tn so tn invooor^O\covocSTtr--Tr'CSTrcocovoTHt-inin.H i/i wi q ^ vqq i> h rj| rf r^ \c h c vo c^ n rj- oo m t-. r4cNwSr4rir4oo\cor^or4coo\c-cstnoo\(Sco ooo\uooO\T-HTtir)TtvDoooovor-OTfvot-Ttr-o "l ^ ^. 1 ^ t.H. ^ ^. H. "* °1 °\ '", °\ ® <*! ° *?* *** ** oo"»nco*Tt,o\'oCoo'inCT\ OoCvo coovoCvo'inr-^ii-Troro vOTtinr^r^avoor^c^Oi-<i-<inTtr^inr^r-vpoocN i-icscsr-cSco-TtcocScoTtvooN HONOOHIrt^CtVl^rHOMn-t-tmOfJimrtl/l-tr-r--^ ■ h o\ Tt m vo o co m o O vo in vo in oo oo r- t^Tt^vooot-r-ooo-i— cooooo.r-o. i—I u> IM 1— «i *i O OV CN OV CN th cNOvcNT-iT-HT-io\Trmvoocomoov T-HTHTlT-irOTtTfTtTtVO00r-r~-00O\T CO O <N CO vo"»n r* oo CO CO OO d i-J 0\ VO r-'-HOi>cor-inTtmT-(oomcN>-icocoi-''-"c coin«nTfinoavTtvoTfTHOinc.O\Omi-<c m(.OtnmcnnMcoON^OM»^hOin' th th" m" oT co vo' cn* rT oo" <h oo" Tt" rn" oo" r* tn as ts" t T-<coot>0\Or-ovoomocoo\"nr.THcor--c TtTtinvna^OHtnviwO\aiOr.\DMOt h CS <S co co tn tn tn o o\ r> oo C- O i-i 00 u C.OOVOO co ov r> r> S w «■ rt^OtSOi(N'toovors-r--tvOf.^(SHO\r-c vqovooo\'-io30vTtooovcooco_vor-i-'Ovo( vo vo' oi co" 0\ cS in th rV Tf" co" d th d in oo' in in \d v ■ I-, rr) o 00 VO >0 th C\ O ON CN CS t JT-,<^r\l_JU~iC^(><C— H.00-Clal,H.Tt,0 " rOt^OOCTST-iy-ir— fOOCOVO' _ . O VD t— Tt VO l-l m TH C. H Tt 1 ....... co* oo"«- co Tt r-" ov co* oo" oo 1—* h t--" ■<* -* rt oo" nh( r~o\»nQr-r~ooos\o^-o>ncoi-.coT~iTtcScoc MC-W^Tj-irtvooo ON io >c ^o\ (N qm m r- c ,_T J ,_T ,_? ^ ,-T fsf CO CO Tf" Tt i* <ncs©movo0\0,>r-0.r--000roini>a\vocoa\a.0\0.in HO>OaTfHitOOCOOCOOhmoD'CO\0\TfTHfloom ^^^°ic*lTt.0lri.r^tri,CJ^rii:xl<5l.^:tav w "t ih cK t- ov vo r. co"co"co"co"co"coco"TfTtin"invovo"vo"r^r^oo"c>30rTH i TfTtTtTt-TtTfTtTfTfTfininininininininininvovovo _ o\0'-icscoTfinvor~ooovO'-HcscoTtin,vot~-ooovOi—cs coTtTtTfTfTfTfTtTfTfTfinmm<n»nin»n»nininvovovD OsOsasO\OsOsOsO\OsOsOsOsOsOsOSasOsQsry\OsQsOs0sas R 16 BRITISH COLUMBIA SCHEDULE No. 4 Municipal Superannuation Fund Comparative Statistics, April 1, 1947, to March 31, 1963, Subdivided According to Sex of Contributor Fiscal Year Number of Contributors Male Female Number of Refunds Granted Male Female Superannuation Allowances Granted during Year Male Female Deaths and Expirations Male Female In Force at End of Year Male Female 1947/48 1948/49 1949/50 1950/51 1951/52 1952/53 1953/54 1954/55 1955/56—1 Maximum Maximum 1956/57— Maximum Maximum 1957/58— Maximum Maximum 1958/59— Maximum Maximum 1959/60— Maximum Maximum 1960/61— Maximum Maximum 1961/62— Maximum Maximum 1962/63— Maximum Maximum retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 retirement age 65 retirement age 60 3,770 4,199 4,595 4,763 5,206 5,324 5,634 6,056 4,482 1,806 4,749 1,861 5,126 1,917 7,086 2,093 7,673 2,130 8,995 2,132 9,348 2,160 9,443 2,259 937 1,190 1,312 1,525 1,594 1,649 1,801 1,931 1,981 2,150 2,770 2,946 6,832 7,181 7,533 245 196 170 296 393 325 302 261 315 56 451 50 275 44 283 21 376 20 385 16 463 29 514 33 254 245 289 369 411 459 451 539 538 662 534 561 658 886 1,295 139 125 107 115 78 93 79 89 60 25 51 25 40 23 55 18 55 41 100 37 116 34 113 31 10 9 8 15 10 10 12 14 16 18 10 11 95 39 41 63 62 76 69 73 91 60 14 69 13 70 16 49 10 62 19 72 12 74 22 72 16 10 1,670 1,754 1,798 1,851 1,853 1,877 1,883 1,881 1,421 474 1,403 486 1,373 493 1,379 501 1,372 523 1,400 548 1,442 560 1,482 I 575 ■ 142 150 156 165 171 174 185 194 198 206 210 212 215 303 372 421 1 From year 1955/56 the figures are based on new actual count. MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 17 SCHEDULE No. 5 Municipal Superannuation Fund Comparative Statistics, April 1, 1953, to March 31, 1963—Allowances Granted and in Force, Subdivided by Type and Plan of Allowance Granted during Year Expired during Year In Force at End of Year Fiscal Year o •a ►J o .s •a u U e H 3 O ■o -,^3 3 5 is .S-o oc 0 !S i-l u ,g ■a u u a rt H rt o •a & 35 is .a-a O C ■, rt & il ■J. u "3> .g •a u «j a a ~- a 3 0 ■a u eg 3s is .3-a o a h, rt If 1953/54— Normal retirement 3 8 3 6 69 ~~~2 19 2 9 22 10 2 9 1 279 32 228 555 25 451 66 428 2 Death 2 Total!! 11 3 6 71 30 22 12 10 539 580 517 432 1954/55— 2 6 6 2 82 5 13 6 39 5 15 10 7 1 268 32 228 522 20 438 56 503 Disability Death - 1 7 Totals 8 6 2 87 19 44 25 8 528 542 494 511 1955/56—1 3 1 13 4 4 1 71 ~4 17 1 7 34 2 9 2 11 195 34 233 384 18 406 56 755 1 Death . It Totals 17 4 5 75 25 36 11 11 462 402 462 767 1956/57— 1 12 6 5 1 64 1 4 14 3 9 34 3 13 2 13 1 182 31 236 356 15 398 55 806 Disability Death... 1 15 Totals - 13 6 6 69 26 37 15 14 449 371 453 822 1957/58— 2 7 2 1 59 ~2 17 1 5 32 1 21 1 14 167 30 238 326 14 378 54 851 1 Death 17 Totals 9 2 1 61 23 33 22 14 435 340 432 869 1958/59— 3 9 7 2 1 56 ~6 9 1 4 17 2 19 1 13 2 161 29 243 316 12 361 ' 54 894 1 Death 21 Totals 12 7 3 62 14 19 20 15 433 328 415 916 1959/60— Normal retirement 3 9 5 1 4 1 75 9 11 3 13 31 3 11 2 15 153 26 239 290 10 354 53 ' 954 1 Death... 30 Totals 12 6 5 84 27 34 13 15 418 300 407 985 1960/61— 56 15 21 1 9 1 119 10 17 5 4 26 1 20 3 14 192 21 250 285 10 343 51 1,059 1 39 Disability Death Totals 71 22 10 129 26 27 23 15 463 295 394 1,099 1961/62— 34 14 11 5 12 144 7 13 10 24 21 4 32 213 21 254 272 15 334 47 1,171 1 Death 46 Totals 48 16 12 151 23 24 25 32 488 287 381 1,218 1962/63— 23 13 8 3 11 131 6 11 2 11 26 1 21 3 15 1 225 19 256 254 17 324 44 1,287 1 Death 51 Totals 36 11 11 137 24 27 24 16 500 271 368 1,339 i From 1955/56 the figures are based on the actual count by plan in force. R 18 BRITISH COLUMBIA SCHEDULE No 6 Municipal Superannuation Fund Number of Contributors and Pensioners by Employer, as at March 31,1963 Employer Contributors Pensioners Total Contributors and Pensioners Class I Class II CI ass III Cities (32) 12 3 12 101* 37 41 14 3 18 6 2 40 97 23 7 561* 803* 167 128 75 52 22 14 38 60 271* 15 59 2,444?* 49 3481* 19 19 6 6 2 10 9 6 13 12 112 302* 10 5 9 11 5 Hi* 1,3832* | 10 1871* 1 1 5 3 3 8 2 1 1 6 21 3 1 4 10 52 16 11 5 4 1 11 81* 1 3 762 4 93 3 1 3 2 7 2 2 2 1 23 16 1 20 30 77 53 7 2 2 1 1 13 3 13 1,025 10 189 14 Armstrong 3 20 151* 19 Cranbrook 53 55 18 5 23 7 3 79 143 33 8 Nanaimo . . .... ' 931* 1323* New Westminster North Vancouver 408 2272* 103 59 28 21 Prince George 59 921* 311* Rossland 20 TraiL 861* Vancouver 5,6149* 73 Victoria 8172* White. RncV 23 Sub-totals of 33 city accounts 3,97814* 1,8576* | i ,0431* 1,506 8,38421* Districts (29) 4951* 4 7 7 4 33 6 34 43 23 33 17 19 176 591* 1 4 44 113 168 7 93 3 13 11 8 3 44 31 11 21 60 14 38 4 31 65 1 12 1 3 9 6 6 5 1 2 22 10 1 6 23 27 1 1 2 6 32 2 211* 33 3 4 5 1 2 20 21 ~2 8 24 1 1 18 9 22 6861* 8 22 Coldstream 8 Delta 4 Ksquimalt 53 Fraser Mills Kent- . . 6 Kitimat 54 54 30 Matsqui. 46 21 23 262 Oak Bay 12H* 1 5 Powell River . 63 165 279 Salmon Arm ._ .. 8 Spallumcheen Sumas 1 11 22 256 11 8 129 3 13 29 320 Tadanac . . 58 14 2031* Sub-totals of 28 active district ac- 1,7352* 385 2651* 174 2,5593* ! Inactive accounts, but eligible for pension benefits. MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 19 SCHEDULE No. 6—Continued Municipal Superannuation Fund—Continued Number of Contributors and Pensioners by Employer, as at March 31, 1963— Continued Employer Contributors Class I Class II Class III Pensioners Total Contributors and Pensioners Towns (4) Fort St. John Mission City North Kamloops- Quesnel Sub-totals of 4 towns.. Villages (61) Abbotsford.. Aennofield— Alert Bay Ashcroft Burns Lake Campbell River.. Castlegar. Chetwynd.. Chapman Camp.. Comox Creston Cumberland Fort St. James.- Fruitvale Gibsons Landing- Golden Harrison Hot Springs- Hazelton Hope Houston Invermere Kaslo Keremeos Kinnaird Ladysmith Lake Cowichan.- Lillooet Lumby Lytton McBride Marysvilie Masset Merritt Montrose Natal New Denver- Oliver Osoyoos Parksville Pemberton Pouce Coupe.. Princeton Qualicum Beach.. Salmo Salmon Arm.. Sechelt Sidney Silverton Slocan Smithers... Squamish.. Stewart Taylor Telkwa 11 131* 20 11 551* | 2 4 11 4 3 2 1 1 4 1 3 1 6 2 2 10 1 2 10 14 171* 25 13 691* 1 2 4 13 5 2 4 7 1 2 2 5 2 6 2 2 11 1 3 * Inactive accounts, but eligible for pension benefits. R 20 BRITISH COLUMBIA SCHEDULE No. 6—Continued Municipal Superannuation Fund—Continued Number of Contributors and Pensioners by Employer, as at March 31, 1963— Continued Employer Contributors Pensioners Total Contributors and Pensioners Class 1 Class 11 Class III Villages—Continued Tofino — . 2 3 4 1 1 2 Vanderhoof. Warfield. 3 4 6 Sub-totals of 42 active village accounts 136 19 5 160 Miscellaneous Employers (21) 3 1 1 6 6 77 2101* 20 4 3 1 3 4 7 15 12 8 4 2 2 16 12 24 1 13 2 1 2 1 23 1 1 2 1 14 35 5 1 7 15 Civic Properties Commission (Chilliwack) 1 1 Family and Children's Service (Victoria) 30 6 Greater Vancouver Sewerage and Drainage 92 2581* Greater Victoria Water District Hospital Employees' Union, Local 180 Lower Mainland Regional Planning Board.. 27 4 4 3 3 1 28 Queensborough Bridge Toll Authority. 7 16 35 9 Vancouver Public Aquarium Association 6 2 Victoria Memorial Arena 3 Sub-totals of 21 miscellaneous em- 3891* 16 84 62 55U* Hospitals by Location (89) Abbotsford—Matsqui-Sumas-Abbotsford 5 6 2 29 3 6 2 ~18 7 5 3 5 4 13 1 3 3 3 40 12 7 8 8 12 175 9 32 18 9 89 27 44 16 15 36 79 8 10 16 2 1 3 ~2 1 3 5 1 1 1 1 5 1 2 2 46 21 Armstrong—Armstrong and Spallumcheen- 7 8 Bella Bella—R. W. Large Memorial 10 12 206 Burns Lake—Burns Lake and District Campbell River—Campbell River and Dis- 13 38 20 9 110 39 50 Creston—Creston Valley 20 21 41 97 Enderby—Enderby and District Memorial.. 10 15 21 5 : Inactive accounts, but eligible for pension benefits. MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 21 SCHEDULE No. 6—Continued Municipal Superannuation Fund—Continued Number of Contributors and Pensioners by Employer, as at March 31, 1963— Continued Employer Contributors Pensioners Total Contributors and Pensioners Class 1 Class 11 Class HI Hospitals by Location—Continued Fort St. John—Providence 2 1 6 6 2 1 19 26 3 5 4 2 1 1 3 10 16 16 2 101 15 42 1 3 1 18 11 2 10 11 9 1 1 5 2 2 7 1 3 1 1 8 2 1 17 7 5002* 18 7 12 115 9 24 7 9 3 48 25 11 5 119 4 118 30 24 13 6 3 5 6 24 42 77 57 6 369 107 173 10 18 7 84 55 7 63 70 49 7 6 29 17 11 30 13 24 8 14 70 18 2 102 72 1,340-* 28 92 44 366 89 2 1 1 7 7 4 1 1 1 5 3 1 49 1 10 2 4 5 1 3 1 i i i 2 2 8 9 197 3 2 4 43 8 26 9 Golden—Golden and District General 10 4 55 31 13 6 145 4 151 Kimberley—Kimberley and District 37 29 Ladysmith—Ladysmith and District Gen- 17 8 3 7 Michel—Michel 7 27 53 1 Nanaimo—Nanaimo Regional General 98 76 9 New Westminster—Royal Columbian New Westminster—St. Mary's 519 123 225 11 21 8 Penticton—Penticton Port Alberni—West Coast General Pouce Coupe—Pouce Coupe Community Powell River—Powell River General.. .. Prince George—Prince George Regional Prince Rupert—Prince Rupert General 104 70 9 78 82 61 9 Queen Charlotte City—Queen Charlotte 7 34 19 Rossland—Mater Misericordise Salmon Arm—Shuswap Lake General 14 38 15 27 11 Sumerland, West—Sumerland General 17 78 20 3 Trail—Trail-Tadanac Vancouver— 127 88 2,037?* G. F. Strong Rehabilitation Centre. 49 101 60 St. Paul's ' .. . 524 106 • Inactive accounts, but eligible for pension benefits. R 22 BRITISH COLUMBIA SCHEDULE No. 6—Continued Municipal Superannuation Fund—Continued Number of Contributors and Pensioners by Employer, as at March 31, 1963— Continued Employer Contributors Class I Class II Class III Pensioners Total Contributors and Pensioners Vanderhoof—St. John Vernon—Vernon Jubilee- Victoria—■ Gorge Road- Queen Alexandra Solarium; Royal Jubilee . I St. Joseph's ! White Rock—White Rock District Williams Lake—Cariboo Memorial Sub-totals of 87 active hospital accounts ! School Districts (54) Agassiz (No. 76) Alberni (No. 70) Alert Bay (No. 73) Arrow Lakes (No. 10).. Burnaby (No. 41)_ Campbell River (No. 72).. Castlegar (No. 9) Chilliwack (No. 33) Courtenay (No. 71) Cowichan (No. 65) Creston (No. 5) Delta (No. 37) Fernie (No. 1)_ Fraser Canyon (No. 32)— Grand Forks (No. 12) Greater Victoria (No. 61 )_ Gulf Islands (No. 64)_ Howe Sound (No. 48).. Kamloops (No. 24) Kelowna (No. 23) Kimberley (No. 3) Kitimat (No. 80) Ladysmith (No. 67) Merritt (No. 31) Mission (No. 75) Nanaimo (No. 68) Nelson (No. 7)~ New Westminster (No. 40) _ North Vancouver (No. 44)_ Penticton (No. 15) Powell River (No. 47) Prince George (No. 57) Prince Rupert (No. 52) Princeton (No. 17) Qualicum (No. 69) Quesnel (No. 28) Revelstoke (No. 19) Richmond (No. 38)"__ . . Saanich (No. 63)- Salmon Arm (No. 20) Sechelt (Gibsons) (No. 46) _ Slocan (No. 8) Smithers (No. 54) Sooke (No. 62).. Southern Okanagan (No. 14) Summerland (No. 77) L Terrace (No. 53) — Trail (No. 11) 3 15 4 12 105 104 6 3 1,4402* 4 29 2 8 129 13 18 21 21 28 18 16 8 7 5 146 7 11 35 43 9 20 5 7 13 51 241* 32 88 13 17 33 7 5 6 11 1 61 16 26 9 2 12 18 17 2 12 40 9 60 29 26 3491* 276 33 17 5,5316* 1 20 2 1 511* 5 6 7 5 5 3 11 4 2 441* 2 2 15 5 1 3 2 3 27 4 9 23 7 1 1 2 "ii 4 6 5 3 5 1 2 1 62 27 515 13 24 2 3 8 12 3 1 12 80 33 39 5161* 407 39 20 7,4868* 5 50 4 9 1931* 18 24 29 29 33 21 27 15 8 7 2141* 9 13 53 48 10 20 8 9 16 80 3H* 49 123 23 26 39 8 6 7 13 1 101 21 32 14 2 15 23 18 4 12 50 * Inactive accounts, but eligible for pension benefits. MUNICIPAL SUPERANNUATION REPORT, 1962/63 R 23 SCHEDULE No. 6—Continued Municipal Superannuation Fund—Continued Number of Contributors and Pensioners by Employer, as at March 31,1963— Continued Employer Contributors Class I Class II Class III Pensioners Total Contributors and Pensioners School Districts—Continued University Hill- Vancouver (No. 39) Vanderhoof (No. 56).. Vernon (No. 22)- West Vancouver (No. 45 )~ Williams Lake (No. 27) 3 503 8 22 25 23 1 189 4 6 18 5 124 4 816 12 30 44 28 Sub-totals of 54 school districts Totals of 269 active employer ac- 1,7101* 5812* 213 2,5043* 944321* 2,2596* 7,53310* 2,478 21,71337* * Inactive accounts, but eligible for pension benefits. Number of inactive accounts, but eligible for pension benefits, 37; number of non-active unclaimed moneys accounts as at March 31,1963, 260. Printed by A. Sutton, Printer to the Queen's Most Excellent Majesty in right of the Province of British Columbia. 1964 510-164-2993
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Twenty-fourth Annual Report of the Business Done in Pursuance of the MUNICIPAL SUPERANNUATION ACT for… British Columbia. Legislative Assembly [1964]
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Title | Twenty-fourth Annual Report of the Business Done in Pursuance of the MUNICIPAL SUPERANNUATION ACT for the YEAR ENDED MARCH 31 1963 |
Alternate Title | MUNICIPAL SUPERANNUATION REPORT, 1962/63 |
Creator |
British Columbia. Legislative Assembly |
Publisher | Victoria, BC : Government Printer |
Date Issued | [1964] |
Genre |
Legislative proceedings |
Type |
Text |
FileFormat | application/pdf |
Language | English |
Identifier | J110.L5 S7 1964_V02_09_R1_R23 |
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Sessional Papers of the Province of British Columbia |
Source | Original Format: Legislative Assembly of British Columbia. Library. Sessional Papers of the Province of British Columbia |
Date Available | 2018-02-05 |
Provider | Vancouver : University of British Columbia Library |
Rights | Images provided for research and reference use only. For permission to publish, copy or otherwise distribute these images please contact the Legislative Library of British Columbia |
CatalogueRecord | http://resolve.library.ubc.ca/cgi-bin/catsearch?bid=1198198 |
DOI | 10.14288/1.0364005 |
AggregatedSourceRepository | CONTENTdm |
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