PROVINCE OF BRITISH COLUMBIA Thirteenth Annual Report of the business done in pursuance of the TEACHERS' PENSIONS ACT for the period JANUARY 1st TO DECEMBER 31st 1953 VICTORIA, B.C. Printed by Don McDiarmid, Printer to the Queen's Most Excellent Majesty 1955 To His Honour Clarence Wallace, C.B.E., f It TJeuterwU-Governor of the Province of British Columbia. May it please Your Honour: 'wrrs &~fi. The undersigned respectfully submits the Report of the business done in pursuance of the I Teachers' Pensions Act" during the period January 1st, 1953, to December 31st, 1953. W I I--- f X: WESLEY D. BLACK, W . • #' Provincial Secretary. Provincial Secretary's Office, Victoria, B.C., January 18th, 1955. The Honourable Wesley D. Black, Provincial Secretary, Victoria, B.C. i 1 M M Sir,—I have the h^nc^ t^ % before you the Report of the business done in pursuance of the "Teachers' Pensions Act" during the period January 1st, 1953,to December 31st, 1953. f I 1 l'/*f I have the honour to be, ■H^b1: I .>!fjf| ^arill Your obedient servant, ff R. A. PENNINGTON, Commissioner of Teachers' Pensions, m< January 18th, 1955. " TEACHERS' PENSIONS ACT 1 ANNUAL REPORT REPORT OF THE BUSINESS DONE IN PURSUANCE OF THE " TEACHERS' PENSIONS ACT'' DURING THE PERIOD JANUARY 1st, 1953, TO DECEMBER 3 1st, 19S3/^Mp|g) j Section 4.—Superannuation-allowance payments pursuant to this section amounted to $107,637.35. The Minister of Finance reimbursed the Fund by the amount of $77,029.41 in accordance with the provisions of subsection (4). The increases pursuant to subsection (5), amounting to $30,607.94, were paid from the Service Pensions Account. As at December 31st, 1953, there were 152 persons in receipt of allowances under this section. If Section 6.—Contributions received from teachers amounted to $1,648,829.36, consisting of ordinary contributions of $1,384,581.94, special 1-per-cent contributions of $262,420.92, and individual contributions for service-pension credits pursuant to subsection (6) of $1,826.50. As at December 31st, 1953, there were 8,644 active contributors to the Fund. Section 8.—Employer contributions received pursuant to this section amounted to $1,573,606.55. J | ' Section 11.—Superannuation allowances were granted to thirty-three teachers who attained retirement age. For analysis see statements of comparative statistics appended hereto. Section 15.—Superannuation allowances were granted to two teachers who had become totally and permanently disabled. Section 16 (1) and (2).—Superannuation allowances were granted to the dependent in the case of four teachers who died while still in service. Section 16 (4) and (5).—Refunds amounting to $9,724.59 were made in the case of seven teachers who died while still in service. ft Section 18 (1) and (2).—Refunds amounting to $156,149.61 were made to 521 teachers who left the service of their employers. Jj Section 23.—Administration expenses paid from the Fund amounted to $37,614.01. Section 26.—During the year two meetings of the Teachers' Pensions Board were held, at which twenty-four individual cases were dealt with. Section 31.—The securities held by the Trustees on December 31st, 1953, are set out in Schedule No. 1 of this Report. During the 1953 Session of the Legislature major amendments were made to the | Teachers' Pensions Act," including the following:— (1) Allowances granted prior to 1941 were increased by a further 25 per cent, making a total of 40 per cent since 1941. (2) Allowances granted since January 1st, 1941, were increased by recalculating them on the new service-pension formula of $30 per annum for each of the first twenty years of service and $37.50 per annum for each year of service over twenty years. (3) All increases were made retroactive to July 1st, 1952. (4) The employer contribution was reduced from 7 per cent of salaries to 6 per cent of salaries retroactive to April 1st, 1952. W 6 BRITISH COLUMBIA if The minimum service requirement for superannuation allowances | (5) The mmm ^ R was formerly ten yearSi ■ SfmSmum retirement age for male and female teachers was setatag (6) S^dTnlimum retirement age was set at age 60. f m The maximum allowance under the temporary annuity options n ( increased to $40 per month to conform with the amount of the payniei Ser the " Federal Old Age Security Act." m riection of plan of superannuation allowance must now be madebyft, teacher before the end of the school-year in which he or she attains m IR. A. PENNINGTON, • ; Commissioner of Teachers' Pensions, TEACHERS' PENSIONS ACT—ANNUAL REPORT W 7 TEACHERS' PENSIONS FUND Statement of Revenue and Expenditure for the Year Ended || ^December 31st, 1953 1} Revenue Contributions as per requirements of the § Teachers' Pensions Act w— IjPt Employees, section 6— # Contributions for retirement ^ annuities $1,384,581.94 Contributions, special 1-per- J ; " cent . 262,420.92 Contributions for service pensions pursuant to subsec- Ifc ft tion (6) 1,826.50 P —— $1,648,829.36 Wk Employers, section 8 J 1,573,606.55 j|l; Minister of Finance, section 4 (4) (as per contra) 77,029.41 Interest on investments and bank interest 599,729.15 f Hr ?'" " $3,899,194.47 Expenditure Superannuation allowances— || Payable from Teachers' Pensions Fund— |c- |f| Service pensions $510,002,459 If fjpi\ Section 4 (5) increases 30,607.94 -■Jt"-"j| ■ $540,610.63 :. ; -:mi ' if Retirement annuities 134,493.59 ^Payable by Minister of Finance— || It- Section 4 (4) (as per contra)-. 11,029Al '$j£$->'^ :| $752,133.63 Refund of employees' contributions— ff Section 16 (4) $5,065.63 Jb. i^B Section 16 (5) .__._ 4,658.96 § Section 18(1) 155,584.81 Section 18 (2) 564.80 j|. ■ . I . _ . .•- —— ■■- 165,874.20-, : Administration expenses, section 23_____^ leiiii^ 37,614.01 955,621.84 Net increase of ledger assets * \ ! 5 $2,943,572.63 W 8 BRITISH COLUMBIA TEACHERS' PENSIONS FUND Balance-sheet as at December 31st, 1953 Assets General Account Trustees* Account Total Cash in bank Accounts receivable— Due from employees Due from employers. $21,909.38 $187,851.59 $209,760.97 $111,923.41 244,614.53 - 356,537.94 356,537.94 Investments at cost—net after amortization of premiums and discounts {see Schedule No. 1) jfe ,l? (Par value, $21,468,000; market value, $19,946,021.) Accrued interest on investments —- 21,206,833.15 21,206,833.15 215,360.44 215,360.44 $378,447.32 $21,610,045.18 $21,988,492.50 Liabilities Employees'Retirement Annuity Account j $10,250,559.49 Employers' Service Pensions Account —: ~~ 11,702,367.94 Accounts payable- Administration expense —. $35,556.01 Sundry # 9.06 . 35,565.07 ^' 7.'.: ~|~ $21,988,492.50 Approved. R. A. Pennington, G. S. Soutar, Superannuation Commissioner. Accountant. I certify that the accounts of the Commissioner and Trustees of the Teachers' Pensions Fund for the year ended December 31st, 1953, have been examined under my direction. • ^fjf "f| The liabilities in respect of Employees' Retirement Annuity Account and Employers' Service Pensions Account are stated at book value. Under the terms of sectibn 36 (1) of the 44 Teachers' Pensions Act, 1940," chapter 334, R.S.B.C. 1948, an actuarial valuation of these liabilities was made as at December 31st, 1952, showing a surplus of $1,381,000 on Service Pensions Account, on the strength of which the formula was increased retroactive to July 1st, 1952. Subject to the foregoing remarks, I certify that 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. ¥ C. J. Ferber, C.A., Comptroller-General, Province of British Columbia. Victoria, B.C., November 10th, 1954. TEACHERS' PENSIONS ACT—ANNUAL REPORT W 9 SCHEDULE No. 1, TEACHERS' PENSIONS FUND Trustees of the Teachers' Pensions Fund and the Minister of Finance fr for the Province of British Columbia : y Securities Held as at December 31st, 1953 Description Date of Maturity Par? Value Cost Price Book Value Accrued Interest as at Dec. 31, 1953 Province of British Columbia— 3Y2 % bonds J. 3Vi% bonds--—. VA% bonds .. -3% bonds .. \ 2%% bonds—, I AtVt.% bonds _ '^5% bonds ,___.— s .....„ 2% % bonds — —. 3% bonds 3 % bonds 2%% bonds 2%% bonds 2%% bonds 23A% bonds 2%% bonds 2%% bonds 3% bonds 3% bonds . 2% % bonds 3 % bonds 3 % bonds 3% bonds 2% % bonds 2%% bonds 3% bonds. Guaranteed by the Province of British Columbia— B.C. Power Commission— 3 % bonds 3 % bonds 3% % bonds 4% bonds 4% bonds 4% bonds. Vancouver and Districts Joint Sewerage and Drainage Board— 4% bonds 5 % bonds 4% bonds 5% bonds 5 Vi % bonds 4% bonds 4% bonds 4Vi % bonds 4Vi % bonds 5% bonds 4Vi % bonds School District No. 1 (Fernie)— 4Vk% serial bonds School District No. 6 (Kootenay Lake)—4lA% serial bonds School District No. 7 (Nelson)— 4%% serial bonds School District No. 39 (Vancouver)— 4lA% serial bonds School District No. 41 (Burnaby)— 4Va% serial bonds School District No. 61 (Victoria)— 4Va% serial bonds School District No. 62 (Sooke)— 4Va% serial bonds Corporation of the Village of Quali- cum Beach—VA% serial bonds Carried forward- 1, 1, 1, | 15 1 June June June Feb. Oct. Apr. Dec. 15 Oct. 15 June 15 July 1 Apr. 15 Oct. 15 Jan. Feb. May 15 June 15 June 15 July 2 July 2 Dec. 15 July 31 Aug. 10 Oct. 1 Sept. 26 Feb. 1 15 1 1954 1955 1956 1958 1959 1960 1960 1963 1964 1964 1966 1966 1967 1967 1967 1968 1968 1968 1968 1969 1970 1970 1971 1972 1974 Oct. 1, 1967 Nov. 1, 1968 Sept. 15, 1991 May 21,1992 June 15, 1992 Sept. 15, 1992 May Sept. May Sept. Sept. May May Sept. Mar. Sept. Sept. 1, 1958 1, 1959 1, 1962 1, 1962 1, 1962 1, 1963 1, 1964 1, 1965 1, 1968 1, 1969 1, 1970 Sept. 15,1959-72 July 15, 1959-72 July 15, 1959-72 Aug. 1, 1962-65 Sept. 1, 1959-73 Sept. 15,1965-68 Oct. 15, 1964-68 Sept. 1, 1961-70 $15,500.00 56,000.00 171,000.00 18,000.00 5,000.00 500.00 327,000.00 100,000.00 552,000.00 700,000.00 228,000.00 56,000.00 489,000.00 400,000.00 310,000.00 184,000.00 658,000.00 300,000.00 200,000.00 1,468,500.00 2,075,000.00 410,000.00 750,000.00 200,000.00 725,000.00 513,000.00 919,500.00 1,779,000.00 563,000.00 428,000.00 693,000.00 4,000.00 ' 11,000.00 3,000.00 3,000.00 2,000.00 2,000.00 5,000.00 7,000.00 3,000.00 18,000.00 1,000.00 246,000.00 160,000.00 1,486,000.00 100,000.00 150,000.00 65,000.00 121,000.00 63,000.00 $15,692.40 54,939.00 167,668.00 17,758.80 4,931.25 558.13 331,492.50 99,500.00 544,396.25 683,410.00 221,835.00 52,970.00 480,440.50 400,000.00 310,000.00 178,443.75 642,126.25 297,780.00 200,000.00 1,452,943.75 2,058,400.00 406,720.00 750,000.00 200,000.00 703,250.00 484,466.25 886,162.88 1,779,000.00 563,000.00 428,000.00 693,000.00 4,260.00 12,650.00 3,195.00 3,521.70 2,505.00 2,140.20 5,389.00 8,202.50 3,475.00 22,390.25 1,157.90 247,894.20 160,000.00 1,486,000.00 100,000.00 151,155.00 65,500.50 121,931.70 64,946.70 $17,744,000.00 J$17,575,199.36 $15,507.02 55,881.12 170,416.74 17,923.55 4,966.00 521.17 329,155.10 99,691.22 546,601.39 688,391.54 223,698.36 53,870.02 483,079.40 400,000.00 310,000.00 180,052.82 644,819.38 298,390.35 200,000.00 1,455,989.56 2,062,485.88 407,523.25 750,000.00 200,000.00 707,526.00 488,759.98 891,216.66 1,779,000.00 563,000.00 428,000.00 693,000.00 4,073.63 11,559.59 3,084.12 3,231.40 2,222.26 2,065.30 5,193.55 7,670.91 3,277.50 20,600.90 1,095.09 247,894.20 160,000.00 1,486,000.00 100,000.00 151,155.00 65,500.50 121,931.70 64,593.56 $44.59 161.10 491.92 224.88 29.01 5.61 430.04 580.14 725.93 10,500.00 1,322.72 324.88 6,226.39 4,580.84 1,074.40 221.81 865.34 4,487.67 2,742.46 1,931.22 26,093.73 4,818.89 5,142.15 1,446.58 9,057.57 3,836.98 4,534.51 19,556.81 2,467.94 750.46 8,126.14 26.30 182.33 19.73 49.73 36.47 13.15 32.88 104.42 44.75 298.36 14.92 3,064.89 3,148.49 29,241.63 1,769.86 2,113.36 809.83 1,084.86 730.97 $17,610,615.72 J $165,589.64 W 10 BRITISH COLUMBIA SCHEDULE No. 1, TEACHERS' PENSIONS FUND—Continued Description Date of Maturity Brought forward. Government of Canada— 3% bonds 3% bonds ' 3% bonds .:„:: : ..: . 3%% bondsJ Guaranteed by Government of Canada— Canadian National Railways— 3% bonds ., . ., • f- - ■ 2-%% bonds ^p'| 2%% bonds.. ... _-._^ 2%% bonds— ,_ Totals Feb. 1,1962 Oct. 1,1963 Sept. 1,1966 Jan. d5,1978 Jan. 3, 1966 Jan. 2,1967 Sept. 15,1969 Jan. 16,1971 Par Value Cost Price Book Value $17,744,000.00 430,000.00 444,000.00 487,000.00 1,630,000.00 130,000.00 128,000.00 425,000.00 50,000.00 $17,575,199.36 406,587.50 420,231.25 461,003.75 1,599,437.50 126,000.00 119,930.00 401,562.50 47,250.tX) $21,468,000.00 |$21,157,201.86 $17,610,615.72 409,320.15 423,605.62 462,401.77 1,600,575.14 126,690.18 121,218.94 404,799.29 47,606.34 $21,206,833.15 T Accrued Interest as at Dec 31,1953 $165,589,64 3,372.05 3,320.88 4,843.32 28,301.71 1,933.97 1,755.29 3,58L$4 661.64 $215,360.44" TEACHERS' PENSIONS ACT—ANNUAL REPORT W U W «r> Os i—i r H m 9 T—1 CD K tf H» w p .« OO S % u o w 00 Q p o W H PL, T-H #\ Tt- OO ON Pi t*H m Cl a H CO u T—I < >H < O S5 W ■J & I w 2 55 CO U »-4 H »** H «! H OO m g Ph «< s o o cnt^tntNONini-iinooenfNifNcn ^*"> ONi-iin»NT-<.»nfNN© E.4© i-t O On vd i «N • ■• • • •«-» fNmNocn©fNenenooNorNOO'^-r» i in©ONTrcncnoN©incnTHT-(cr) th J3-U Tfco^-ONCSTHiotxT-ioocoOT-H co n Ecu, | •v Ws •b ms #« m •\ •N, ■V ts «\ •t •\ #\ oo vo o fN ;-«5 : © en oo on on © l*» cj Tf m f- On © eN w% t- On *-• In* "t' iN m ' t> i-ii-ii-icNfNfNfNfNcn<n^5 p no r< fN V9- 2 Ot3 c3 ■ •° t! Pi S Ooot^>;ONcoooTHOm,«tcsiooiin ! : 3 tJ M '^•vDO\'-'voo\Tfr*Omt^'rHc>i n <n «o^,<o •* ■"* ■* tn.^mJn^. vo so vo t^- r» i O &.SP0 a § 1 o 1 •a S3 £ sen S Si? co O en O *-i fn'"* "^-tncn oo v© oo <s 1 w Clt1 £* 3 VJT3 SS'5 8 §2s>h -r-t ^-< on co r- m <J\ t-^rvooNTrrroN vo^-rocomTtioTfTt-Tj-iovoco £0^ © t-Jl voo\-on«s on mM'TH«n en c > NO +-tJ m \0 i-i o ' jcn <n ojpnI'On o en cs r 1 00 1 c w ON«nooo,Ttf*'t^i^-r<rM*»|its ^ P NO 3*2 <*t «o 0\ooooo<nvo'"Tooenor- ^ On 03 oo t>- «n»-t onO onon *n : -*t fN es o< j | m r\ «h •v • •% •s •s ■b «k ■V 4ft aJ cn ' cn " eM . »h : m o\ «n o.«n«n tj- in tr > in I On O v© so on ' "T* IN m t-i^-i en es vi » m S MS W- tH vH4M«H tH'tH rH rn»- 4 Tt 1-H *h 40 eNleNfMeno\oo.fN«nen»Ht^<NOoc ) ! § 3 z G • en t** en oo O r> *n en *h on •<t r> 1 e*- i •* fN en Tt so %c » »n ^ ^t ^ "#• w ) 2 iK (SI O © O *-h V I o * © NO On en f> i r» n oo o *r> *-< e> • * • • * } NO OO fN fN in o \ en «ft ■ fl)rH CNI O 00 00 i-i OC ) CJ i r-» oo i-H © c > © &"ti (N t^ en ' «n *i#^ M n en >n On On r> 1 fS O rt O t-< en « on NO «r » rt in <N © fN n c^ w« m. «v •• •» IK I »s n •\ tK ft »1 ft O en tt oo *n t> oc *^ t~~ tt On en f> 1 00 NO SO V3 r^ oo c fN 1 Tf SO 00 en V£ > CO V3- ' fN f^ » m Wco 1—i 09 lH c* <n en ^t \o on ^ fN 1 1- 1 ^ 1 Tf Tl :■* m >T 00 ON f* »H CNI ^ SC c*" > r- © i-< o \ 00 m o ri • ••#*« O *n >n r^ ^ t? sc r*> r- no on i- • • 4 > »> V <S| .# O On O th o> c NC » oo e^ » t*« a > Tf oc «n en co so oo oc sc m > = «n fN oo «r I i t-4 1 m •l •s •* •» 1 ^ K r\ K Hi ft 4ft t** 3t r- cNI On so *n sc m © 00 so ^j ON 09 ON C> ■*-! en so eN fN o r- <'H O en « > 1-4 1 s p «9 m ^n t*^ tr ) ^ C in *? sc i r- On fN er •N i—( r- > 5 1-4 « 00 4-> «y> 3 5 —-""■ ' — - MM ' Ti I I pi f* SO On On © ih fN VC ' t» i*« fN IT > in c H >n fN ON >n ^»* On f\ er l V 1 »- i m oc i en o i 53 o • • • < 4 1 a i i • *r> <s «& on en >t vc ci O i CO c l rH t" NO ci h m t» m o r« 2 ' sc > «T 1 Tf ff > : so O *? t* *<t +* *n b« c oc r^ l> t"" fN ft § w Ik ■ •S M »♦«**»< h 4 l m ■1 ft 4ft ! •*t *-< . t-< in so On » ^ «5 oc » *r t> rr 1 OO 1 1 en vo oo en *-i in r- ff T» fN so r» © 1 I 1 •* rt ^r «n no r* V3- oc c T«" 1 Bfei f" ft <K i r» ft 4ft 1 © tH 4V3- •«* IT i t-< <y on *n m © T 9: s c ) r~ CO U «n OC i Tt en oo no fN Tt wh T* v- | Tf ■ *1 2 5^ o 4 OC ! ti © rf en vd © 4 OC 4 CN 4 c OC > O CN ¥*l vo On mo m on VI «n oc T—l ¥" fN i «4m ■ *n •^ . n en en m t^ © ON r* OC c c 1 1-H ▼* *n «© \0 r-< r*. on rf t** * * © N 4 fN r* i**T rt- ee i en fN f> 1 *H © © ON ON OC OC t- fN *9 T— i ^ 1 1—1 *-* »H rH T-H i—( 4» _«M Number of Contributors at End o Fiscal Year 00 H fS 1 H ^ ■ H O >n on h on h cs « t-« <n m « m CM T—( im ir^ N •^, C4 ; ON NO r- ON i* ■ m ec i tJ- © © <s en "<fr t- "^f CM Tt- © oc in co NO i— NO Tf m i On \C » fN *r » en n ■ i—t \o *n i-H On On ••Wlin00*^ t-t TH © T-H SO NO ONori-cNenin'^tOTtNc •» no^00 t-T^ t>"0»1oc i—• i-i i—i j u m m en >H o H 09 •wi § 1-H fN er Tt S ISi sc rr OC On S <s *- fN er "^t rj- -«t "tf Tf Tt -**■ Tt ^tf *n «n >n *n ON On ON ON ON ON ON On ON ON ON ON ON a ft a o a> <4-l O |H ft 00 CI o «S en 4) > O 45 O t-4 >» O M > o > u Hi GO Ofi O J3-§ ft* m ** U O *CJ ~ o£ c: *© P * fi >» s O O «J e« P 5S o « ea a Otjfi ,fi U V ♦a cj 09 o a 09 a> O fi 3 ^ £ 1 §§-s 88g O O On cc? ccJ i—< « o € > > -4 09 a a o o r ^ ft zzm H N CO W 12 BRITISH COLUMBIA SCHEDULE No. 3, TEACHERS' PENSIONS FUND Comparative Statistics, January 1st, 1946, to December 31st, 1953-Allow- ances Granted and in Force, Subdivided by Type and Plan of Allowance Fiscal Year In Force at Beginning of Year u C CO 1946— Normal retirement- Disability Death — Totals— 1947— Normal retirement- Disability — Death Totals— 1948— Normal retirement- Disability — Death \ Totals __'.. 1949— Normal retirement- Disability-,—i Death —-; Totals-^ **| 1950— Normal retirement.. Disability«L_-L4 ~j Death ,:„_ : Totals —' 1951— Normal retirements: Disability— , $L Death — gj Totals__i m\ 1952— Normal retirement-! Disability J Death l_ Totals 1953— Normal retirement- Disability TteAth ; Totals_J 183 76 40 •o q a u a 3 o I-I o •o •4-«l *o o 97 16 29 11 11 367 187 65 299 113 40 11 _ 198 106 36 11 72 18 12 __— __ 45 —r~. —i 1 — 315 124 48 11 __ 212 1 118 45 13 73 | 22 13 B ,, ■ 45 - B — 330 140 58' 13 __ 219 133 44 12 72 24 13 , .... -53 .„.„- — — _^- 344 157 57 12 __ 228 149 47 12 70 24 14 4 _ 59 — _.' - - 35Z 173. -6L .12 1 | 239 |165 48 12 69 1 28 14; — 59.1 ..... ..,. —» 367 193 62 12 __ 239 163 48 12 40 67 28 15 60 — ._ — —' 366 191 63 12 40 233 159 4SJ 12 87 69 28 16 65 "—' 1 —" i— 12 87 Granted during Year •1-4 m D M O •tH CO 18 1 6 O 12 2 •i-t -t-> q o 9 1 T3 <pj •*H O Expired during Year u 60 a •i-H CO Guaranteed1 («) (b) o T3 O (Pi •1-H O 04 K. In Force at End of Year 25 14 10 ~- _ 21 14 9 2 5- 4 it _.. Pill 1 — ~. 1 _ — 27 18 10 2 .... 12 17 2 2 2 — — — 9 — — — — 23 19 2 — — 18 16 4 1 — — 7 — ~— 25 16 5 __. __ 19 17 3 2 5 —|s .... — 3 — — — — 24 22. 3 ».,_,. .._-..,. 8 2 <*%^ 40 i 1 1 — — i —. —r —- 10 3 1 £& 40 2 6 1 1 48 5 — 1 *T 1 | .... 13 1 2 — 48 2 3 1 ?, —- 27 4 "-~v . -_---•• ■ 27 3 5 1 14 - 2 9 2 1 2 — 7 4 1 1 1 .... 1 .... .. j m — 1 — .... i .... -1— 12 1 1 _i— — 5 3 1 i: ■ I 3 1 -I - — 1 .... jg -1- .... 9 1 i 3 1 s 9 2 1 i i k m - — 1 I _.—_ m „.. .— . 12 — — i ^. — 8 3 — i i •i 2 Wa 4.— 3 — B _-.. _— 14 .... 2 2 -- 1 8 I 2 2 3 ;-- H — _1_ .... j — — — ill ; 2 3 — - if 8- 4 4 1 — i — — I — — 12 | 4 i — 1 10 1 ~3 , 4 i 1 ' ' j— 11 "~m~" "" -i-i' j _i ' ' -i~" 11 330 140 58 13 21^ 72 53 228 70 59 239 69 59 239 67 60 225 68; 66i 133 24 44 13 149 24 47 14 165 28 48 14 163 28 48 15 233 1159 69 1 28 65 156 28 49 17 1 12 344 157 57 12 12 357 173 61 12 12 367 193 62 12 12 40 366 191 63 12 40 48 | 12 16|_ 1 - 87 367|187| 65 | 12|J0 103 12 359j|184| 671 121103 1 Guaranteed: (a) Superarmuant died after expiration of guaranteed period; (b) guaranteed period expired, super- annuant having died previously. * Disability; recovery; returned to teaching service. It TEACHERS' PENSIONS ACT—ANNUAL REPORT W 13 SCHEDULE No. 4, TEACHERS' PENSIONS FUND Comparative Statistics, January 1st, 1946, to December 31st, 1953 Subdivided According to Sex of Contributor Fiscal Year Number of Contributors Male Female Number of Refunds Granted Male Female Allowances Number of Allowances Granted Male Female Number of Deaths and Expirations Male Female Number of Allowances in Force at End of Year Male Female 1946 Non-active— 1947 Non-active... 1948 Non-active... 1949 Non-active... 1950 Non-active... 1951 Non-active... 1952 Non-active... 1953 Non-active... 1,742 227 2,100 169 2,135 170 2,385 129 2,724 105 2,976 148 3,159 174 3,384 93 3,387 666 3,842 438 4,012 532 4,260 711 4,561 630 4,605 898 4,856 972 5,260 622 97 118 111 71 52 85 T6 59 511 504 444 362 359 412 376 469 29 26 25 21 24 25 28 27 20 31 19 25 25 29 36 12 5 4 11 jjf 5 6 9 10 9 10 4 8 13 10 9 221 200 222 236 252 271 289 308 325 298 319 334 351 363 383 410 400 1 1953 expirations include thirteen female allowances rescinded. VICTORIA, B.C. Printed by Don McDiarmid, Printer to the Queen's Most Excellent Majesty 1955 260455-4225
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Thirteenth Annual Report of the business done in pursuance of the TEACHERS' PENSIONS ACT for the period… British Columbia. Legislative Assembly [1955]
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Item Metadata
Title | Thirteenth Annual Report of the business done in pursuance of the TEACHERS' PENSIONS ACT for the period JANUARY 1ST TO DECEMBER 31ST 1953 |
Alternate Title | TEACHERS' PENSIONS ACT - ANNUAL REPORT |
Creator |
British Columbia. Legislative Assembly |
Publisher | Victoria, BC : Government Printer |
Date Issued | [1955] |
Genre |
Legislative proceedings |
Type |
Text |
FileFormat | application/pdf |
Language | English |
Identifier | J110.L5 S7 1955_V03_04_W1_W13 |
Collection |
Sessional Papers of the Province of British Columbia |
Source | Original Format: University of British Columbia. Library. Law Library. J110.L5 S7 |
Date Available | 2018-05-17 |
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 | 10.14288/1.0367806 |
AggregatedSourceRepository | CONTENTdm |
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