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Fortieth Annual Report of the Business Done in Pursuance of the Superannuation (Municipal) Act YEAR ENDED… British Columbia. Legislative Assembly 1980

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Full Text

 PROVINCE OF BRITISH COLUMBIA
Fortieth Annual Report
of the Business Done in Pursuance of the
MUNICIPAL
SUPERANNUATION ACT
YEAR ENDED DECEMBER 31
1978
Queen's Printer for British Columbia (
Victoria, 1980
ISSN 0383-347X
  To the Honourable Henry P. Bell-Irving, D.S.O., O.B.E., E.D.,
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 year ended December 31,
1978.
EVAN M. WOLFE
Provincial Secretary and
Minister of Government Services
Office of the Provincial Secretary and
Minister of Government Services
Victoria, B.C., December 31,1979.
 The Honourable Evan M. Wolfe,
Provincial Secretary and
Minister of Government Services,
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 year ended December
31,1978.
Respectfully submitted,
J. D. REID
Superannuation Commissioner
December 31,1979.
 MUNICIPAL SUPERANNUATION ACT
ANNUAL  REPORT
Report of Business Done in Pursuance of the Municipal Superannuation Act
for the Fiscal Year Ended December 31,1978
Section 3 (1)—During the year the Act applied to the following additional
employers effective from the date shown:
Justice Institute of British Columbia September 1, 1978
Open Learning Institute June 1, 1978
Pacific Vocational Institute April 1, 1978
British Columbia Association of Colleges February 1, 1978
British Columbia Council of Public Sector Employers __ January 27, 1978
Emily Carr College of Art April 1, 1978
Matsqui-Abbotsford Recreation Commission January 1, 1978
Pacific Marine Training Institute April 1, 1978
Parkdale Place Multicare Residence November 1, 1978
In the same period one employer was deleted.
As at December 31, 1978, there were 410 active employer accounts in the
Fund.
Section 5—All moneys received and paid out under the provisions of this
Act are shown in the statement of changes in fund balance and all assets and
liabilities appertaining to the granting of superannuation allowances are shown in
the statement of financial position. These financial statements are attached to
this report.
Section 6—Employee contributions amounted to $47,242,417 made up as
follows: $
Basic contributions   39,943,112
Cost of living supplementary allowances contributions    3,976,187
Voluntary and special agreement      3,249,689
Purchase of service          45,568
Leave of absence  2,577
Reinstatement  25,284
As as December 31, 1978, there were 55,050 contributors with credits in the
Fund as set out by employer in attached Schedule 7. There were, in addition,
6,600 former contributors with credits remaining in the Fund, of whom 552 had
deferred vested pension rights.
Section 8 (1)—Employer contributions amounted to $44,656,299, made up
as follows: $
In respect of current service  38,949,346
In respect of past service     1,681,860
In respect of recognition of service         45,596
In respect of leave of absence  3,310
In respect of cost-of-living supplementary allowances _    3,976,187
Contributions by each of the 410 active employer accounts are set out in
attached Schedule 2. -
 BRITISH COLUMBIA
Section 8 (2)—Pursuant to special agreements with 41 employers, supplementary allowance payments amounting to $254,219 were made from the Fund
and provided as follows: $
By reimbursement by former employers  207,850
From interest earnings of the Fund in excess of 4 per cent
as authorized by section 10 (3) (d)      46,369
Section 10 (1)—The statutory contribution of the Minister of Finance towards
reduction of employer obligations in respect of past service of employees was
$5,000.
Section 13, 16, 17 (1) and 17e—Superannuation allowances were granted
in respect of 753 employees made up as follows:
Normal retirement age  620
Total and permanent disability     42
Death in service     43
Deferred       48
Transfers totalling $1,908,334 were received from four reciprocal pension
plans, two former pension plans, and one other pension plan in respect of 20
contributors upon grant of allowance, and in respect of 187 contributors following
transfer of service as follows:
Upon grant of allowance—
Public Service Superannuation Fund	
Teachers' Pensions Fund	
During service—
Government of Canada Public Service Superannuation Account 	
College Pension Fund 	
Teachers' Pensions Fund	
Bella Bella Band Council Employees' Pension
Plan 	
The Children's Aid Society of Vancouver, B.C.
Pension Trust Plan	
19
1
13
1
2
14
156
1
$
347,158
3,180
152,899
321
4,029
7,898
1,339,531
53,318
York Employees' Pension and Benefit Plan
Transfers totalling $969,375 were made to four reciprocal pension plans in
respect of 26 employees upon grant of allowance and in respect of seven contributors following transfer of service as follows:
Upon grant of allowance— $
Public Service Superannuation Fund     25 848,395
Teachers' Pensions Fund       1 58,213
During service—
Government of Canada Public Service Superannuation Account 	
College Pension Fund	
6
1
34,789
27,978
Cost-of-living supplements totalling $6,555,939 were paid to eligible recipients
of a superannuation allowance. Financing of these supplements by additional
employee and employer contributions, each at the rate of 0.5 per cent of contributory salary, commenced May 1, 1978. The Act provides for a further similar
increase when the accumulated payments again exceeds 1 per cent of the average
annual total of contributory salaries.
For analysis and comparative statistics, see attached Schedules 4, 5, and 6.
 MUNICIPAL SUPERANNUATION REPORT,  1978 7
Section 15 (4)—Amounts totalling $295,937 were paid out of employer contributions to the Medical Services Plan of British Columbia in respect of the matching one-half share of monthly medical coverage premiums of eligible recipients of
a superannuation allowance.
Section 17 (6) and 18—Refunds were granted in respect of 6,656 employees
and totalled $10,090,134 made up as follows:
Resignations
Death in service 	
Miscellaneous employee
Miscellaneous employer
6,581
75
$
9,822,653
241,449
22,708
3,324
Refunds on resignations included 94 employees with more than 10 years'
countable service who elected to receive a refund rather than leave their credits in
the Fund in order to receive a deferred superannuation allowance after attaining
the minimum retirement age.
For analysis and comparative statistics, see attached Schedules 4, 5 and 6.
Section 22—Actuarial and administrative expenses paid from the Fund
amounted to $536,742.
Section 27—Securities held by the trustee as at December 31, 1978, amounted
to $675,883,650, par value, as set out in the attached Schedule 1.
Transactions during the year (par value) were as follows:
$
Purchases   109,372,500
Redemptions
Sales  	
$
2,530,050
13,917,450
16,447,500
92,925,000
During the year, the Fund's trustee departed from the previous policy of holding investments until maturity and adopted a policy allowing for the sale of investments if there is an opportunity to improve the yield upon reinvestment.
The average yield on securities purchased during the year was 9.83 per cent.
Based on the mean of the Fund opening and closing balances amounting to
$661,885,242, the net rate of interest earned during the year was 8.2374 per cent,
after deducting administration expenses, $536,742.
Section 31 (2)—An actuarial valuation of the assets and liabilities of the Fund
is required to be made by an actuary from time to time at intervals of not more
than five years. The most recent valuation was carried out as at December 31,
1976. This valuation disclosed an unfunded liability of $235,147,000 in respect
of basic pension benefits, given the present statutory levels of employee and employer contributions. In addition, cost-of-living supplements granted to December
31, 1976, had a capitalized value of $36,918,000.
J. D. REID
Commissioner of Municipal Superannuation
 BRITISH COLUMBIA
AUDITOR'S REPORT
To the Commissioner of the Municipal Superannuation Fund, and
To the Provincial Secretary and Minister of Government Services,
Province of British Columbia:
I have examined the statement of financial position of the Municipal Superannuation Fund
as at 31 December 1978 and the statement of changes in fund balance for the year then ended.
My examination was made in accordance with generally accepted auditing standards, and
accordingly included such tests and other procedures as I considered necessary in the
circumstances.
I have relied upon information furnished by the Fund's Consulting Actuary as to the
accuracy of Note 1 to the financial statements.
In my opinion, these financial statements present fairly the financial position of the Fund
as at 31 December 1978 and the changes in its fund balance for the year then ended in
accordance with generally accepted accounting principles applied on a basis consistent with
that of the preceding year.
ERMA MORRISON, C.A.
Auditor General
Victoria, B.C.
15 June 1979.
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
STATEMENT OF FINANCIAL POSITION
AS AT DECEMBER 31, 1978
ASSETS
Cash and term deposits 	
Contributions  receivable  	
Accrued interest on investments
1978
$
16,855,840
11,660,301
13,809,927
Investments in bonds issued or guaranteed by Canada or a Province (Note 2) 	
EXHIBIT A
1977
$
10,254,302
9,413,117
10,972,183
672,267,651       579,649,431
714,593,719       610,289,033
LIABILITY AND FUND BALANCE
Liability
Accounts payable 	
Fund Balance (Exhibit B)
Members of Vancouver City Council Superannuation Account — 18,399
Victoria Agreement Account for Policemen  30,971
Employees' Retirement Annuity Account     41,404,445
Municipal Superannuation Fund Basic Account  672,536,965
602,939 509,332
18,161
25,947
37,654,647
572,080,946
713,990,780        609,779,701
The four accompanying notes are an integral part of these financial statements.
Approved by:
J. D. REID, F.C.I.A.
Superannuation Commissioner, Trustee
C. WEBSTER, C.A.
Comptroller, Superannuation Branch
714,593,719       610,289,033
June 13,1979.
 10 BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
STATEMENT OF CHANGES IN FUND BALANCE
FOR THE YEAR ENDED DECEMBER 31,  1978
EXHIBIT B
1978 1977
$ $
Fund balance increased by
Contributions—
Employees:
Basic      39,943,112 37,871,790
Cost-of-living supplementary allowances (Note 3)       3,976,187 2,515,572
Voluntary and special agreement      3,249,689 3,079,492
Purchase of service            45,568 45,946
Leave of absence             2,577 1,349
Reinstatement            25,284 25,935
47,242,417 43,540,084
Transfers to other funds 	
Pensioners' medical premiums—matching portion
Actuarial and administration expenses 	
Net increase in fund balance 	
Fund balance at beginning of year
Fund balance at end of year (Exhibit A)
Employers:
Current service   38,949,346 35,657,637
Cost-of-living supplementary allowances (Note 3)   3,976,187 2,515,572
Past service   1,681,860 1,667,979
Recognition of service  45,596 45,946
Leave of absence   3,310 1,304
44,656,299 39,888,438
Province of British Columbia: Statutory contribution  5,000 10,000
Transfers from other funds   1,908,334 266,795
Net income from investments   55,417,206 45,488,579
Losses on sale of investments (Note 2)   2,515,206 3,146,395
146,714,050        126,047,501
Fund balance decreased by
Superannuation allowance payments—
Contributory   24,008,475         20,600,421
Cost-of-living supplements   6,555,939            4,762,987
Special agreement supplementary allowances   254,219               277,963
Less reimbursement by former employers    207,850              226,019
Refunds 	
30,610,783
10,090,134
969,375
295,937
536,742
25,415,352
8,150,503
239,291
288,296
431,024
42,502,971
34,524,466
104,211,079
609,779,701
91,523,035
518,256,666
713,990,780
609,779,701
 MUNICIPAL SUPERANNUATION REPORT,  1978 11
MUNICIPAL SUPERANNUATION FUND
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31,  1978
1. Actuarial Valuation
According to the Act applicable to the Fund, an actuarial valuation of the assets and
liabilities of the Fund is required to be made by an actuary from time to time at intervals of
not more than five years. The most recent valuation was carried out as at December 31, 1976.
This valuation disclosed an unfunded liability of $235,417,000 in respect of basic pension
benefits, given the present statutory levels of employee and employer contributions.
The actuary has made recommendations to raise the statutory contribution rates. These
recommendations are being considered by the Government. Any change to the plan requires
statutory amendment.
2. Investments
Investments are carried at the lower of cost and par value. Premiums are written off in
the year of acquisition. Discounts on single maturity bonds are amortized over the term of the
bonds. Discounts on serial bonds are recognized as income as the serial redemptions occur.
Investments held at the end of the year are as follows:
Book value
Par value —
Market value
1978
1977
$
$
672,267,651
579,649,431
675,883,650
582,958,650
608,264,049
545,283,194
The difference between the book value and market value of the investments is not considered to be a permanent reduction of the Fund balance available for payment of pension
benefits and therefore has not been provided for as at December 31, 1978.
During the year, certain investments were disposed of in order to improve the yield to
the Fund, resulting in book losses aggregating $2,515,206. It is anticipated that future
increased interest earnings from reinvestment will more than offset these losses.
3. Cost-of-living Supplementary Allowance
Payment of supplementary allowances, adjusted quarterly in relation to the cost-of-living
index, commenced July 1, 1975. Financing of these supplements by additional employee and
employer contributions, each at the rate of 0.5 per cent of salary, commenced May 1, 1977.
The Act provides for a similar increase when the accumulated payments again exceed 1 per cent
of the average annual total of contributory salaries.
4. Additional Information
These financial statements show only the position of the Fund as at December 31, 1978,
and the changes in Fund balance for the year then ended and do not purport to show the
adequacy of the Fund to meet the obligations of the superannuation plan.
 12
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 1
trustees of the municipal superannuation fund and the
minister of finance for the province of british columbia
Securities Held as at December 31,1978
Government of Canada 	
Province of British Columbia Guaranty
B.C. Hydro and Power Authority	
B.C. Electric Company 	
B.C. Railway Company 	
Municipal Financing Authority of B.C. 	
B.C. School Districts Serials 	
B.C. School Districts Capital Financing Authority
Serials 	
B.C. School Districts Capital Financing Authority
B.C. Regional Hospital Districts Financing Authority 	
B.C. Municipal Serials	
B.C. Irrigation Districts 	
B.C. Improvement Districts Serials 	
B.C. Improvement Districts 	
B.C. Waterworks Districts Serials	
B.C. Waterworks Districts 	
B.C. Hospital Improvement Districts Serials 	
Northfield Fire Protection District Serial	
Greater Vancouver Sewerage and Drainage District Serial 	
Greater Vancouver Sewerage and Drainage District 	
Province of Nova Scotia Guaranty
Nova Scotia Power 	
Province of Ontario 	
Province of Ontario Guaranty
Ontario Hydro 	
Province of Quebec Guaranty
Quebec Hydro 	
Province of Saskatchewan 	
Par
Value
$
Book
Value
$
Market
Value
$
10,641,000
10,603,024
10,304,464
431,385,500
1,423,000
143,335,000
27,300,000
3,573,150
429,010,153
1,404,471
142,798,978
27,109,747
3,440,263
385,430,709
1,070,379
134,182,903
25,882,975
3,270,199
1,840,000
25,144,000
1,824,388
25,096,689
1,552,430
20,039,389
9,215,000
463,500
4,997,000
166,000
1,221,000
589,500
392,000
358,000
5,000
9,125,821
455,136
4,987,043
163,603
1,217,223
576,680
390,704
354,944
4,688
7,469,331
402,873
3,826,551
136,350
934,795
521,489
305,851
327,423
4,550
1,155,000
1,143,623
958,650
769,000
768,126
585,401
1,300,000
1,272,240
1,179,750
482,000
458,182
430,800
6,004,000
5,968,562
5,540,572
70,000
58,555
55,678
4,055,000
4,034,808
3,850,537
675,883,650
672,267,651
608,264,049
 MUNICIPAL SUPERANNUATION REPORT,  1978
MUNICIPAL SUPERANNUATION FUND
13
Schedule 2
Contributions by Employer for Year Ended December 31,1978
Employer
Cities (34)
Armstrong   __
Castlegar.   	
Chilliwack  _.
Courtenay  _
Courtenay (Volunteer Firemen)— _	
Cranbrook   	
Dawson Creek.  	
Duncan   	
Enderby. 	
Fernie   _
Fort St. John   ._ _ _	
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 Roct   	
Subtotals of 34 active city accounts..
Districts (38)
Abbotsford.
Burnaby...
Campbell River-
Central Saanich..
Chilliwhack	
Coldstream	
Coquitlam	
Delta	
Esquimau.	
Houston 	
Hudson's Hope..
Kent	
Kitimat	
Langley	
Mackenzie	
Maple Ridge..
Matsqui	
Mission	
North Cowichan	
North Saanich	
North Vancouver..
Oak Bay.	
Peachland	
Contributory
Salaries,
1978
120,891.64
518,208.62
634,442.87
409,611.03
57,069.62
2,093,611.59
1,134,175.78
396,950.38
64,392.23
387,899.35
615,190.71
352,981.04
76,332.26
8,222,376.00
6,393,076.07
1,007,816.26
914,584.94
4,519,954.47
1,903,730.00
8,643,611.61
3,875,938.27
3,052,378.08
2,743,198.24
3,085,949.00
2,003,238.93
6,089,529.00
2,508,367.11
586,377.48
366,283.80
1,149,110.00
94,360,706.95
2,898,469.93
14,061,603.00
1,067,163.97
Employer Contributions
For
Current
Service
$
6,088.60
26,793.76
34,391.64
26,978.08
5,492.07
128,125.30
61,508.47
24,010.43
4,069.53
22,257.43
33,540.74
20,722.25
5,765.71
458,058.60
390,744.37
57,322.27
46,189.86
283,415.21
125,347.60
596,213.31
257,885.64
190,106.40
156,853.63
171,547.96
127,909.81
320,296.18
141,122.11
34,178.22
20,885.12
77,027.09
6,553,461.83
171,277.81
938,231.30
60,126.89
For
Past
Service
413.04
72.00
590.07
591.96
50.04
6,707.04
7,485.79
8,026.07
53,620.06
16,782.00
263.12
4,878.00
1,104.00
341.16
5,008.11
1,787.04
1,631.04
13,708.08
633,129.00
2,874.00
122,425.08
176,315,220.23    |    11,577,945.22    | 881,486.70
878,515.84
15,037,855.56
1,323,325.84
615,846.88
1,285,346.56
220,351.30
4,761,449.37
7,776,453.00
2,048,810.71
113,711.76
67,566.00
112,501.22
1,636,683.02
2,171,689.87
474,945.51
2,253,156.65
3,036,477.:
1,911,674.00
1,167,930.65
280,146.21
6,566,636.18
2,797,963.52
82,514.55
 14
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Contributory
Salaries,
1978
Employer Contributions
Employer
For
Current
Service
For
Past
Service
D is tricts—Continu ed
$
374,321.60
350,818.00
2,833,501.00
13,068,694.41
10,465,745.00
761,958.64
130,435.70
209,496.45
444,375.21
54,777.60
714,755.00
9,637,387.74
1,213,210.44
7,467,330.67
55,350.61
$
18,012.61
16,520.54
166,014.53
785,102.81
697,702.87
42,162.69
6,958.02
10,380.00
22,817.96
2,360.93
38,039.07
581,241.09
66,506.81
479,365.81
2,634.27
$
Port Hardy   	
Powell River	
1,628.04
854 04
Saanich     .
8,083.92
570 96
Spallumcheen 	
Sparwood         _	
Squamish  _  _	
Stewart
Summerland  	
2,896.40
5,318.88
Terrace 	
7,286.04
104,403,710.15    |      6,342,229.13    |           60,276.20
Towns (12)
157,628.45
276,669.48
162,212.23
234,148.44
234,499.12
363,719.41
318,398.73
148,017.68
678,527.58
375,868.23
531,919.00
595,551.75
11,344.09
15,236.42
30,432.18
12,448.84
15,641.57
20,346.36
15,573.07
8,620.23
35,904.32
22,799.94
31,305.43
30,115.50
Hope 	
135.98
Merritt   	
223.21
24.00
Sidney.  	
4,077,160.10    |         249,767.95    |                 383.19
Villages (49)
57,524.00
216,924.19
156,372.08
166,599.60
73,165.89
105,600.00
47,833.18
171,564.08
217,842.30
200,894.82
152,873.86
189,676.12
55,585.20
154,261.10
247,582.27
104,322.00
45,699.56
122,272.96
31,903.42
50,205.00
153,378.43
136,350.39
46,370.00
93,573.55
87,312.00
67,679.76
134,446.16
15,600.00
3,960.39
12,082.38
6,854.62
8,371.39
4,552.59
5,200.80
2,444.22
8,953.21
9,533.39
12,561.28
7,081.50
8,113.46
4,033.51
7,592.92
13,363.73
4,922.28
1,995.59
6,027.41
1,393.95
2,621.94
9,347.45
6,179.83
2,489.83
5,652.61
4,712.88
3,675.00
7,038.96
595.14
Elkford   _	
Gibsons __._	
426.96
7.00
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
15
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Employer
Contributory
Salaries,
1978
Employer Contributions
For
Current
Service
For
Past
Service
Villages—Continued
Montrose—    	
Nakusp    _.	
Oliver —  	
One Hundred Mile House  	
Osoyoos    	
Port Alice _..   _	
Port Clements  —	
Port Edward—   	
Port McNeil   	
Pouce Coupe  	
Qualicum Beach	
Salmo _.	
Sayward — —	
Sechelt 	
Tahsis   —	
Taylor.     	
Torino.  _	
Ucluelet  	
Valemount     	
Vanderhoof    	
Warfield _ 	
Subtotals of 49 active village accounts
Alberni-Clayoquot.
Bulkley-Nechaio-
Capital 	
Cariboo 	
Regional Districts (25)
Central Fraser Valley..
Central Kootenay.	
Central Okanagan	
Columbia-Shuswap	
Comox-Strathcona	
Cowichan Valley..	
Dewdney-Alouette	
East Kootenay 	
Fraser-Cheam..	
Fraser-Fort George.
Greater Vancouver.—
Kitimat-Stikine	
Kootenay-Boundary..
Mount Waddington..
Nanaimo. __
North Okanagan 	
Okanagan-Similkameen.
Peace River-Liard 	
Squamish-Lillooet	
Sunshine Coast 	
Thompson-Nicola _
Subtotals of 25 active regional district accounts..
Miscellaneous Employers (70)
Art Gallery of Greater Victoria _ _	
B.C. Association of Colleges (effective February 1,
B.C. Cancer Foundation..
1978)..
B.C. Council of Public Sector Employers (effective January 27,1978)   	
B.C. Health Association  — —	
B.C. School Trustees Association..
Bella Bella Indian Band	
Bevan Lodge Association	
54,305.82
91,189.45
96,008.34
130,644.83
145,238.37
113,426.25
8,301.84
88,887.29
80,880.85
29,848.00
168,402.00
36,280.68
25,355.22
40,800.00
185,073.70
49,730.00
26,513.00
38,116.33
31,205.90
201,039.88
65,779.48
3,875.89
3,892.31
5,930.04
6,235.18
6,398.62
5,861.41
253.62
3,719.99
5,211.61
1,132.34
8,272.93
2,149.36
1,092.65
2,282.76
9,147.78
1,917.54
965.76
2,957.46
1,170.18
13,109.04
4,266.24
5,010,439.15    | 261,194.97
128,827.01
73,975.32
4,807,840.00
186,231.00
141,589.75
390,795.21
427,826.50
146,703.00
526,489.52
551,200.00
200,774.66
228,524.68
87,124.28
296,306.07
8,042,379.58
168,423.65
149,463.10
96,393.00
1,238,887.99
213,085.63
234,492.39
193,454.34
61,542.14
206,823.03
272,438.14
6,918.82
5,028.26
249,890.13
8,389.73
6,586.79
20,429.69
18,724.90
8,092.72
32,422.82
28,158.42
8,926.81
11,311.32
4,439.44
14.340.40
478,584.94
9,054.67
7.000.95
4,308.95
62,102.43
12,135.05
11,237.17
9,185.73
2,597.33
9,378.98
15,163.22
19,071,589.99    |      1,044,409.67
137,304.31
14,559.60
334,468.66
163,159.36
607,227.85
490,991.35
378,394.81
269,359.55
6,351.86
509.50
15,316.20
8,458.40
30,294.04
24,578.78
16,043.80
13,178.49
28.92
462.88
16,261.18
16,261.18
1,356.12
 16
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Employer
Contributory
Salaries,
1978
Employer Contributions
For
Current
Service
For
Past
Service
Miscellaneous Employers—Continued
Board of Cemetery Trustees of Greater Victoria -
Camosun College	
Capilano College	
Cariboo College-
Cariboo-Thompson-Nicola Library System-
College of New Caledonia	
Cominco Limited-
Community Care Services Society..
Coquitlam Public Library Board—..
Cultus Lake Park Board	
Dogwood Lodges	
Douglas College-
Downtown Community Health Society-
East Kootenay Community College-
Emily Carr College of Art (effective April 1,
Fraser Valley College
rs )-
Fraser Valley Regional Library.	
Greater Vancouver Library Federation-
Greater Victoria Water District	
Health Labour Relations Association-
Hospital Employees' Union-
Justice Institute of B.C. (effective September 1,
Kimberley Special Care Home Society.	
Kitimat Public Library Association	
Malaspina College.
1978)..
Maritime Museum of B.C. 	
Matsqui-Abbotsford   Recreation   Commission   (effective
January 1,1978).
Mayne Island Improvement District-
Metropolitan Board of Health of Greater Vancouver-
Municipal Finance Authority of B.C.  _
Nelson Municipal Library. 	
North Island College_
North Shore Union Board of Health-
North Vancouver City Public Library-
North Vancouver Recreation Centre	
Northern Lights College-
Northern Training Centre	
Northwest Community College..
Okanagan College-
Open Learning Institute (effective June 1,1978)	
Pacific Marine Training Institute (effective April 1, 1978)
Pacific National Exhibition	
Pacific Vocational Institute (effective April 1,1978)..
Penticton and District Retirement Service	
Penticton Public Library    	
Ponderosa Lodge	
Registered Nurses Association of B.C	
Registered Nurses Association of B.C. Labour Relations
Division  — _ 	
Richmond Public Library Board ...
Saltspring Island Fire Protection District-
Selkirk College-
Southern Okanagan Lands Irrigation District„
Surrey Parks and Recreation Commission	
Union of British Columbia Municipalities -
Vancouver City Council— —	
Vancouver Community College —	
Vancouver Island Regional Library-
Vancouver Municipal and Regional Employees' Union-
Vancouver Museums and Planetarium Association	
Vancouver Public Aquarium Association —	
148,945.28
1,045,411.17
1,040,539.00
574,886.63
602,519.00
755,507.75
340,304.13
484,090.00
128,227.00
68,636.90
1,375,847.05
1,697,654.29
115,215.14
79,482.70
153,494.11
641,996.32
724,052.00
75,748.85
723,079.35
320,054.08
589,016.86
79,138.87
21,493.75
33,716.00
913,088.00
55,610.00
194,939.63
4,940.00
2,246,691.65
88,206.68
4,939.61
187,819.91
1,435,574.39
144,105.92
312,125.80
359,087.63
18,201.00
327,983.36
753,789.75
2,233.64
7,572.00
1,445,595.36
681,747.74
271,947.03
77,248.50
853,970.01
530,318.00
240
231
29
562
147.
1,345
111
15
2,774
525
86
894
507
,151.91
,789.10
508.24
850.92
806.53
246.19
,440.44
,160.00
,821.19
,761.00
531.53
100.84
.960.28
8,704.74
48,175.97
44,947.70
25,138.99
27,291.84
34,817.45
40,263.58
22,146.02
4,988.04
3,342.01
58,238.92
68,790.42
5,353.49
2,722.74
6,381.56
25,023.56
35,138.60
4,606.65
47,468.23
19,747.26
32,423.20
3,141.63
1,498.21
1,531.57
43,265.74
3,803.19
8,148.44
581.68
101,413.37
4,386.98
310.83
8,265.56
84,873.23
6,373.95
14,843.10
19,441.75
1,014.45
15,151.86
35,530.63
77.51
227.16
92,372.44
35,794.96
11,116.29
2,915.97
35,902.30
25,970.59
15,478.56
11,071.28
2,985.74
28,218.44
9,405.74
67,588.42
6,419.98
1,364.41
128,511.79
26,955.06
5,421.03
46,574.98
26,491.55
732.96
747.96
92,993.40
4,456.08
 MUNICIPAL SUPERANNUATION REPORT,  1978
MUNICIPAL SUPERANNUATION FUND
17
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Employer
Contributory
Salaries,
1978
Employer Contributions
For
Current
Service
For
Past
Service
Miscellaneous Employers—Continued
View Royal Fire Protection District. 	
Westbank Irrigation District 	
Subtotals of 70 active miscellaneous employers
accounts 	
Hospitals by Name (US)
Armstrong-Spallumcheen—Armstrong 	
Arrow Lakes—Nakusp       	
Ashcroft & District General—Ashcroft         	
Bella Coola General—Bella Coola  	
Boundary—Grand Forks 	
Bulkley Valley District—Smithers	
Burnaby General—Burnaby   	
Burns Lake & District—Burns Lake ._
Campbell River and District General—Campbell River	
Cancer Control Agency of B.C.—Vancouver	
Cariboo Memorial—Williams Lake	
Castlegar and District—Castlegar  	
Chemainus General—Chemainus 	
Chetwynd General—Chetwynd	
Children's—Vancouver.	
Chilliwack General—Chilliwack  	
Cowichan District—Duncan ...	
Cranbrook District—Cranbrook 	
Creston Valley—Creston	
Cumberland Diagnostic and Treatment Centre—Cumberland 	
Dawson Creek and District—Dawson Creek  	
Delta Centennial Hospital Society—Delta 	
Dr. Helmcken Memorial—Clearwater.	
Eagle Ridge Hospital and Health Care Centre—Coquitlam
Enderby and District Memorial—Enderby        ..
Fellburn Hospital—Burnaby	
Fernie Memorial—Fernie  	
Fort Nelson General—Fort Nelson 	
Fort St. John—Fort St. John  	
Fraser Canyon Hospital—Hope	
G. F. Strong Rehabilitation Centre—Vancouver 	
Golden and District—Golden  	
Gorge Road—Victoria  	
Grace—Vancouver  	
G. R. Baker Memorial—Quesnel	
Holy Family—Vancouver            	
Juan de Fuca Hospital Society—Victoria. —	
Kelowna General—Kelowna —        	
Kimberley and District—Kimberley	
Kitimat General—Kitimat  	
Kootenay Lake District—Nelson	
Lady Minto Gulf Islands—Ganges	
Ladysmith and District General—Ladysmith. _
Langley Memorial—Langley.     	
Lillooet District—LiUooet...        	
Lion's Gate—North Vancouver..  	
Louis Brier—Vancouver.  	
McBride and District—McBride	
Mackenzie and District—Mackenzie 	
Maple Ridge—Maple Ridge 	
Mater Misericordiae—Rossland                	
Matsqui-Sumas-Abbotsford—Abbotsford ...	
Menno—Abbotsford —	
Mills Memorial—Terrace  	
28,074.00
65,623.55
$
2,855.49
4,447.73
32,699,083.05
1,622,185.63    I
184,674.89
248,390.24
489,226.78
140,652.62
581,576.43
1,082,509.06
6,813,767.77
739,695.81
2,374,070.70
7,325,699.18
1,797,415.00
840,131.28
417,442.34
179,580.00
3,673,461.28
4,993,178.36
3.674,344.54
2,300,300.62
774,475.86
295,676.16
1,705,254.82
941,592.86
165,546.37
50,642.28
303,886.65
212,430.24
924,985.49
313,590.57
1,459,589.64
624,883.77
3,231,624.28
511,839.00
4,025,131.76
2,337,352.00
2,330,963.49
2,757,142.77
2,511,831.22
8,691,532.53
985,969.69
1,707,992.18
2,435,262.84
443,652.36
510,142.36
3,663,860.37
543,187.03
13,967,412.26
634,036.80
236,296.79
291,157.49
2,945,991.38
416,380.93
3,349,712.68
629,942.35
2,092,099.04
8,179.18
12,186.11
21,528.10
6,673.89
23,253.28
50,882.50
312,635.80
35,535.51
105376.48
351,214.97
74,473.15
38,114.90
17,936.50
7,074.89
171,126.47
239,073.22
168,888.59
99,066.64
36,694.26
14,088.12
74,262.85
40,188.22
6,636.73
3,628.98
13,022.23
10,600.34
43,478.85
15,638.88
66,716.15
27,855.91
155,724.98
21,591.99
179,516.62
110,742.77
100,140.99
121,651.54
106,141.21
412,296.00
46,951.55
76,270.52
111,665.76
21,386.96
25,453.82
161,636.05
26,475.95
635,010.69
28,282.71
10,495.87
11,388.93
127,154.21
23,319.96
139,857.16
30,237.23
89,888.12
100,286.52
715.92
336.00
1,363.32
308.04
696.00
669.96
8,532.00
694.85
1,428.96
8,912.15
483.96
394.42
182.76
12,436.56
8,439.98
8,958.75
3,043.56
1,662.00
2,079.00
2,121.08
1,124.40
1,494.96
131.04
122.04
3,894.00
181.09
1,477.08
7,971.72
1,051.44
663.00
11,194.56
3,981.36
7,757.04
1,308.00
2,798.04
4,194.86
24.00
16,169.52
66.00
1,635.92
2,295.54
1,762.02
246.00
 IS
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Employer
Contributory
Salaries,
1978
Employer Contributions
For
Current
Service
For
Past
Service
Hospitals by Name—Continued
Mission Memorial—Mission  	
Mount St. Francis—Nelson	
Mount St. Joseph—Vancouver	
Mount St. Mary—Victoria     	
Nanaimo Regional—Nanaimo   	
Nicola Valley General—Merritt	
Ocean Falls General—Ocean Falls  	
100 Mile House District General—100 Mile House  	
Overlander Extended Care—Kamloops 	
Peace Arch District—White Rock	
Penticton Regional—Penticton- 	
Port Alice—Port Alice  .....	
Port Hardy—Port Hardy	
Pouce Coupe Community—Pouce Coupe	
Powell River General—Powell River 	
Prince George Regional District—Prince George	
Prince Rupert Regional—Prince Rupert	
Princeton General—Princeton 	
Queen Alexandra Hospital for Children—Victoria ...
Queen Charlotte Islands General—Queen Charlotte City
Queen Victoria—Revelstoke 	
Queen's Park Hospital Society—New Westminster 	
Rest Haven—Sidney.   	
Richmond General—Richmond _	
Royal Columbian—New Westminster	
Royal Inland—Kamloops 	
Royal Jubilee—Victoria  	
R. W. Large Memorial—Bella Bella	
Saanich Peninsula—Saanichton  	
St. Bartholomew's—Lytton        	
St. Georges—Alert Bay  	
St. John—Vanderhoof  	
St. Joseph's—Comox  	
St. Mary's—New Westminster  	
St. Mary's—Sechelt 	
St. Paul's—Vancouver	
St. Vincent's—Vancouver 	
St. Vincent's Arbutus—Vancouver	
Shaughnessy—Vancouver...	
Shuswap Lake General—Salmon Arm     	
Slocan Community—New Denver	
South Okanagan General—Oliver.	
Sparwood General (formerly Michel-Natal)	
Squamish General—Squamish   ....
Stewart General—Stewart	
Stuart Lake—Fort St. James	
Summerland General—Summerland...	
Sunny Hill Hospital for Children—Vancouver	
Surrey Memorial—North Surrey         	
Tahsis Hospital—Tahsis     	
Tofino General—Tofino   .	
Trail Regional—Trail   	
University Health Sciences Centre—Vancouver	
University Health Services Centre—Vancouver	
Vancouver General—Vancouver	
Vernon Jubilee—Vernon 	
Victoria General—Victoria — 	
Victorian—Kaslo 	
West Coast General—Port Alberni	
Windermere District—Invermere..... 	
Wrinch Memorial—Hazelton _	
Subtotals of 115 active hospital accounts	
1,493,716.00
805,808.80
3,325,845.63
760,544.71
8,195,629.22
557,306.07
86,450.59
557,070.07
1,007,871.77
3,207,822.41
4,592,589.05
43,334.00
145,126.82
305,948.29
2,282,303.31
8,627,961.77
2,389,429.80
381,638.46
819,308.88
291,440.05
641,588.94
2,385,401.72
204,485.60
3,909,662.27
15,163,239.72
10,128,818.54
22,688,060.43
124,619.40
1,690,644.47
186,068.32
416,667.20
744,989.19
3,091,546.69
4,357,472.64
1,129,398.34
20,388,681.57
4,360.896.16
663,563.51
18.140,141.88
1,865,151.56
82.126.61
941,780.34
227,757.70
381,797.00
62,722.73
403,166.05
497,835.38
809,134.22
8,516,410.17
167,984.57
300,159.24
4,684,165.36
1,824,487.29
178,166.07
55,722,366.78
5,069,739.56
13,591,791.42
98,154.92
2,629,641.11
530,541.02
541,156.08
68,590.22
43,062.83
153,941.90
38,590.60
370,368.18
25,823.38
3,277.50
23,647.60
41,657.10
150,905.10
207,377.74
2,109.76
6,491.57
12,995.63
104,084.67
355,819.96
99,183.41
17,497.96
41,409.35
12,903.71
26,935.40
136,552.01
9,222.31
171,071.95
690,614.80
428,951.69
1,065,603.39
4,779.49
78,541.55
6,994.53
20,132.06
30,870.74
137,656.40
197,095.35
49,481.41
882,855.17
198,641.76
30,228.00
950,865.10
86.924.95
3,825.96
44,371.56
11,425.39
19,613.48
2,627.53
17,819.09
27,435.57
36,262.96
373,593.33
6,519.33
15,271.96
208,792.58
79,328.57
8,510.97
2,574,184.30
221,094.17
613,779.77
5,373.62
121,642.04
23,737.94
25,534.15
2,148.90
470.04
4,239.18
1,872.00
8,730.54
819.00
121.08
2,448.03
7,634.00
548.55
205.08
6,871.02
2,757.24
4,885.01
1,004.40
2,432.95
127.79
1,576.12
10,700.25
63,243.05
9,194.64
24,606.20
387.00
2,023.08
500.89
3,300.06
4,373.08
182.00
53,315.99
9,155.90
3,265.22
610.08
888.00
273.00
1,299.00
1,524.00
270.96
2,391.10
179.07
11,796.98
52,212.96
8,983.44
33,525.76
252.96
9,064.92
20.04
1,572.66
356,298,512.68    !    16,293,813.80
493,006.12
 MUNICIPAL SUPERANNUATION REPORT,  1978
MUNICIPAL SUPERANNUATION FUND
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Employer
Contributory
Salaries,
1978
Employer Contributions
For
Current
Service
For
Past
Service
School Districts (67)
Agassiz-Harrison (No. 76)	
Alberni (No. 70)...  	
Armstrong-Spallumcheen (No. 21)	
Arrow Lakes (No. 10)     	
Burnaby (No. 41)     	
Burns Lake (No. 55)  	
Campbell River (No. 72)  ...
Cariboo-Chilcotin (No. 27) 	
Castlegar (No. 9)  	
Central Coast (No. 49)      	
Central Okanagan (No. 23) 	
Chilliwack (No. 33)    	
Courtenay (No. 71)  	
Cowichan (No. 65)  	
Creston-Kaslo (No. 86)  	
Delta (No. 37) ...._.	
Fernie (No. 1) 	
Golden (No. 18)    	
Grand Forks (No. 12)   _...	
Greater Victoria (No. 61)	
Gulf Islands (No. 64)   	
Hope (No. 32)  	
Howe Sound (No. 48)         	
Kamloops (No. 24)	
Keremeos (No. 16)  	
Kettle Valley (No. 13) 	
Kimberley (No. 3)         	
Kitimat (No. 80)    ..... 	
Lake Cowichan (No. 66) 	
Lillooet (No. 29) 	
Maple Ridge (No. 42)	
Merritt (No. 31)	
Mission (No. 75)  	
Nanaimo (No. 68)     	
Nechako (No. 56)	
Nelson (No. 7)     	
New Westminster (No. 40)     ...
Nisgha (No. 92) 	
North Thompson (No. 26) 	
North Vancouver (No. 44)	
Peace River South (No. 59)      	
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)..    	
Sechelt (No.46)..	
Shuswap (No. 89)    	
Smithers (No. 54)  ....   	
Sooke (No. 62)  	
South Cariboo (No. 30)  	
Southern Okanagan (No. 14)	
Summerland (No. 77)	
Surrey (No. 36)  	
Terrace (No. 88)   	
Trail (No. 11) 	
Vancouver (No. 39)      	
217,184.07
1,585,206.98
244,979.60
198,363.20
5,414,491.41
76,693.86
921,812.59
1,933,951.83
566,882.64
230,521.25
2,334,399.56
1,489,725.06
1,292,937.98
1,322,654.26
534,802.75
2,060,257.99
568,578.52
121,112.01
295,281.47
5,429,536.93
186,467.50
189,096.93
712,025.08
4,682,563.46
133,992.17
182,965.26
322,339.56
513,816.44
400,254.43
330,983.57
1,597,487.66
461,862.84
815,138.54
2,871,834.39
691,104.97
806,865.65
986,286.04
25,099.96
412,635.75
3,594,930.64
913,233.04
1,081,665.10
1,160,116.38
4,248,753.04
607,585.03
183,375.23
626,493.23
1,285,873.55
483,146.30
4,206,611.95
1,270,323.08
556,085.81
1,626,568.22
528,567.26
1,504,395.25
598,411.80
532,749.53
312.941.72
5,903,541.46
1,155,737.00
780,275.46
16,023,485.50
$
11,604.39
80,200.41
11,089.00
13,203.41
339,481.28
2,810.41
54,159.92
97,856.04
32,182.29
11,237.28
132,287.91
83,594.40
75,289.22
69,125.94
28,801.31
111,246.60
31,080.92
5,193.98
15,458.82
306,878.43
10,296.84
12,155.74
39,248.96
252,790.97
8,594.07
8,210.57
16.966.41
27,899.72
23,830.81
17,689.54
86,327.39
27,445.77
46,854.60
157,977.88
35,879.21
48,245.06
59,645.28
1,194.45
21,516.70
232,632.13
49,838.01
62,109.43
66,887.45
204,442.34
34,630.85
12,297.13
38,373.55
71,619.20
25,065.21
231,239.96
71,495.83
30,213.30
89,928.84
28,853.69
82,596.47
31,063.25
29,350.55
22,922.37
332,400.60
57,227.45
44,815.73
960,298.84
$
3,163.92
2,295.00
642.96
309.96
123.00
1,290.00
464.04
168.00
57.96
111.00
11,810.04
632.52
648.00
165.60
1,338.00
179.04
6,170.04
2,282.04
27,156.00
36.00
1,068.00
3,328.36
3,027.00
8.004.84
363.00
258.00
120.00
309.00
1,155.00
611.04
758.04
117.96
774.96
219.96
4,800.00
45,581.04
 20 BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 2—Continued
Contributions by Employer for Year Ended December 31,1978
Contributory
Salaries,
1978
Employer Contributions
Employer
For
Current
Service
For
Past
Service
School Districts—Continued
1
$                           $
667,715.81    |           31,126.49
204,829.01    |           12,733.81
2,495,022.47    j         148,918.76
1,900,345.52    |         102,369.75
245,150.70    |           12,984.37
$
Vernon (No. 77)
158 04
Subtotals of 67 active school district accounts	
97,846,123.25    |      5,533,987.29    |         129,697.36
Totals of 410 active accounts	
795,721,838.60    [    42,925,533.66    |      1,681,860.15
1                               1
 MUNICIPAL SUPERANNUATION FUND
Schedule 3
INVESTMENT INTEREST AND TRANSACTIONS
Comparative Statistics, April 1,1969 to December 31,1978
19693
1970
1971
1972
1973
1974
1975
1976
1977
1978
Over-all  average   earned  rate   of  fund
(net)i                        -	
%
5.849
7.84
$
7,354,573
17,775,000
3,358,050
%
6.164
7.94
$
11,333,416
26,813,000
4,088,450
%
6.335
7.005
$
13,246,742
30,289,000
3,257,450
%
6.454
7.462
$
15,451,946
35,932,000
3,152,450
%
6.644
7.918
$
18,228,897
39,155,000
5,146,450
%
6.976
9.608
$
22,062,690
39,653,000
3,303,450
%
7.272
10.220
$
27,022,550
71,612,000
10,649,350
%
7.660
9.950
$
35,662,105
111,581,000
2,884,250
%
7.718
9.411
$
42,342,184
114,000,000
28,151,150
%
8 237
Average rate of return of investments
9 833
$
52,902,000
109,372,500
16,447,500
Long-term investments in year:
Net increase (par value)	
14,416,950
22,724,550
27,031,550
32,779,550
34,008,550
36,349,550
60,962,650
108,696,750
85,848,850
92,925,000
175,242,887
198,770,974
227,638,161
261,777,105
300,048,127
348,293,050
412,483,939
518,256,666
609,779,701
713,990,780
i After charging administration costs and calculated by reference to book value of assets.
2 Includes amortization of discounts, write-off of premiums on purchases and losses on sales, but before charging administration costs.
8 1969 based on nine month period April 1 to December 31 only.
a
g
r—1
o
*v
d
*t
I
z
%
r—I
O
B
-a
O
B
00
 22 BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 4
Main Comparative Statistics, April 1,1939 to December 31,1978
Number
of Contributors
Contributions
Employee Refunds
Superannuation Allowances
Fiscal
Year
Employee
Employer
Number
Amount
Granted
During
Deaths
and Ex
In Force
at End
Amount
Paid
Year
pirations
of Year
$
$
$
$
1939/40 .._	
3,515
273,204
376,213
71
42,575
78
36
973
329,309
1941/42    	
3,460
277,946
403,590
128
46,504
116
34
1,118
369,231
1943/44   	
3,340
278,996
411,337
125
45,792
120
44
1,334
460,091
1945/46	
3,949
351,672
505,050
314
74,102
215
51
1,582
551,639
1947/48	
4,707
474,499
693,553
499
99,412
149
42
1.812
702.630
1949/50
5,907
689,155
1,072,595
459
75,659
115
65
1,954
827,006
1951/52  _.
6,800
1,068,137
1,388,865
804
200,167
88
80
2,024
954,168
1953/54 —	
7,435
1,501,183
1,808,218
753
216,982
91
74
2,068
1,137,286
1955/56 	
8,269
1,787,161
1,991,952
909
349,179
101
83
2,093
1,185,087
1957/58—	
9,193
2,234,295
2,227,693
853
356,042
73
92
2.076
1,205,586
1959/60  	
12,749
3,348,195
3,889,051
1,054
377,070
107
89
2,110
1,452,696
1961/62 —	
18,689
4,737,026
5,707,400
1,787
683,172
227
104
2,374
1,785,352
1963/64 	
20,344
5,440,086
6,209,670
2,089
1,037,284
216
107
2,587
2,554,987
1965/66 	
21,701
6,188,336
6,864,937
2,555
1,632,103
204
104
2,800
3,012,344
1967/68 —    .
24,642
6,251,455
7,125,025
2,585
1,662,339
280
108
3,132
4,050,586
1970L    .
30,313
9,500,655
10,088,682
3,095
1,737,302
433
144
3,808
5,447,736
1971 	
32,080
11,723,160
12,269,656
3,066
1,794,082
396
136
4,068
6,842,984
1972 	
33,585
13,989,426
14,884,563
3,782
2,598,182
456
149
4,375
8,374,177
1973	
35,182
17,131,305
17,017,372
4,233
3,434,686
645
125
4,895
9,737,854
1974.-	
42,317
22,256,626
21,223,308
5,039
4,521,225
745
131
5,509
12,512,095
1975	
47,940
30,663,494
28,402,562
5,344
4,660,425
717
134
6,092
16,576,253
1976
50,982
53,598
37,509,012
43,540,084
34,297,347
39,888,438
6,119
6,365
6,180,511
8,150,503
769
163
6,698
7,280
20,868,309
25,415,352
1977.	
731
149
1978- —- -
55,050
47,242,417
44,656,299
6,656
10,090,134
753
175
7,858
30,610,783
i Fiscal year end changed from March 31 to December 31 in 1969.
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
23
Schedule 5
Compartive Statistics, April 1,1965 to December 31,1978
Subdivided According to Sex of Contributor
Superannuation Allowances
Maxi
Number of
Number of
Refunds
Granted
Fiscal
mum
Retirement
Contributors
Granted
During
Year
Deaths and
In Force at
Year
Expirations
End of Year
Age
Male
Female
Male
Female
Male
Female
Male
Female
Male
Female
1965/66	
65
10,173
6,934
719
1,465
107
41
78
1,629
104
60
2,490       2,104
59
312
44
12
15
11
634
433
1967/68 	
65
11,243
8,481
642
1,550
178
52
67
5
1,817
194
60
2,601
2,317
64
329
34
16
23
13
673
448
19701 -	
65
12,824
11,900
684
1,939
248
97
99
20
2,186
392
60
2,861
2,728
51
421
57
31
23
2
741
489
1971   . —-
65
13,515
14,338
689
1,912
226
110
83
3
2,329
499
60
3,017
1,210
52
413
43
17
29
21
755
485
1972	
65
13,832
15,604
956
2,442
193
95
80
18
2,442
576
60
3,117
1,032
69
315
112
56
36
15
831
526
1973. 	
65
14,521
16,657
1,164
2,911
361
1862
71
24
2,736
734
60
3,109
895
65
93
77
21
18
12
890
535
1974 	
65
16,163
22,136
1,522
3,321
434
2102
78
31
3,092
913
60
3,270
748
81
115
71
30
18
4
943
561
1975	
65
17,544
26,188
1,235
3,995
371
242
80
32
3,383
1,123
60
3,596
612
54
60
78
26
19
3
1,002
584
1976   ....
65
18,713
27,871
1,555
4,472
423
246
108
29
3,698
1,340
60
3,841
557
64
28
69
31
23
3
1,048
612
1977.... 	
65
19,332
29,756
1,622
4,670
401
241
114
32
3,985
1,549
60
4,020
490
42
31
62
27
2
1
1,108
638
1978	
65
19,503
31,005
1,639
4,934
412
261
134
34
4,263
1,776
60
4,102
440
64
19
62
18
3
4
1,167
652
i Fiscal year-end changed from March 31 to December 31in 1969.
2 Includes resumption of remarried widows' allowances (1973, 2; 1974, 32).
 24 BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 6
Normal Allowances Granted During Year Ended December 31,1978
Subdivided by Years of Service and Age at Retirement
GRANTED TO FORMER CONTRIBUTORS WHOSE MAXIMUM RETIREMENT AGE WAS 65
Years of Service
Age at Retirement
Total
Per
Under
55
55
56
57
58
59
60
61
62
63
64
65
Cent
Under 10             	
7
4
3
1
1
2
1
5
3
1
1
2
4
2
2
1
6
1
1
4
2
1
2
2
5
4
3
2
3
2
2
4
2
1
4
16
12
22
17
8
1
6
5
9
7
5
3
2
12
4
16
6
1
2
6
9
9
7
6
2
1
4
4
14
9
1
1
36
57
63
44
21
8
6
47
122
108
134
82
42
19
9
10-14            _..	
22
15-19        	
19
20-24        	
24
25-29      	
15
30-34                      	
8
3
Total
17
3
12
2
n
2
1        J
14      19      14
79
14
36
7
41
7
41
7
34
6
235
43
554
Per cent	
3
3
3
100
GRANTED TO FORMER CONTRIBUTORS WHOSE MAXIMUM RETIREMENT AGE WAS 60
Years of Service
Age at Retirement
Total
Per
Under
50
50
51
52
53
54
55
56
57
58
59
60
Cent
10-14	
2
1
1
1
1
1
1
1
i
i
1
1
1
~3
1
1
1
3
1
2
5
3
3
8
3
3
6
17
15
21
4
5
15-19.	
~2
5
2
1
3
5
9
20-24 	
26
25-29         	
22
30-34      _       ..   ..
32
35 & over	
6
TotaL      _ .
2
3
1
1
1
1
2
3
3
5
2
3
10
15
9
14
2
3
5
8
5
8
24
36
66
100
Allowances Other Than Normal Granted During Year Ended December 31,1978
Number of
Allowances
Granted
Death
Disability
Deferred
133
43
42
48
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
Schedule 7
Number of Contributors and Pensioners by Employer,
as at December 31,1978
25
Employer
Contributors
Pensioners
Total
Contribu
Class
I
Class
H
Class
III
Class
IV
tors and
Pensioners
Cities (34)
6
26
78
73
1
83
55
70
4
17
23
15
4
341
242
40
46
178
71
219
136
149
103
119
62
259
96
25
10
68
2,368
134
453
42
1
2
29
27
13
~ 4
8
81
91
9
26
22
168
48
24
20
33.
35
63
27
5
1
16
1,737
74
739
8
	
1
1
4
17
2
2
2
87
18
1
7
10
5
17
12
3
3
6
5
1
83
63
9
13
50
14
68
41
25
24
29
17
81
23
3
3
11
1,184
12
127
11
7
3
4
5
37
44
Courtenay  	
33
30
18
3
6
2
6
6
2
146
83
30
Enderby.	
Fernie  _	
Fort St. John	
6
30
43
22
5
38
37
7
1
38
39
175
75
32
27
9
4
13
25
18
8
51
2,079
28
357
6
543
Kelowna	
Kimberley	
Langley. 	
Nanaimo - -  	
Nelson —	
437
65
60
797
146
647
307
Penticton -	
737
174
190
118
416
166
51
22
Trail             	
148
7,455
Vernon	
198
1,194
White Rock   -	
67
Subtotals  of 34  active  city  accounts
5,466
2,756
134
1,961
3,122
13,439
District (38)
Abbotsford         	
44
481
48
21
53
11
157
196
73
7
3
6
54
101
19
114
128
104
56
13
185
79
6
1
189
19
9
3
73
159
30
17
2
1
35
120
52
17
11
2
1
2
14
181
17
7
20
3
56
61
13
2
1
2
19
38
6
34
30
20
13
6
64
25
1
4
159
5
6
7
1
63
1,027
89
43
83
15
286
Delta	
5
21
432
137
9
4
Kent 	
4
10
25
12
102
165
27
5
15
14
11
154
208
Mission	
138
82
19
68
55
437
Oak Bay. .
211
7
 26
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Pensioners
Total
Contribu
Class
I
Class
II
Class
III
Class
IV
tors and
Pensioners
Districts—Continued
18
15
103
488
323
37
6
8
19
32
350
51
240
3
19
161
197
1
3
91
8
122
16
1
7
4
3
19
113
53
11
1
3
11
1
13
96
16
67
1
22
23
54
116
6
2
14
134
2
59
18
164
816
705
55
8
11
35
1
59
678
77
488
Resort Municipality of Whistler. 	
4
Subtotals of 38 active district accounts -	
3,652
1,312
57
1,045
825
6,891
Towns (12)
7
13
13
15
11
19
18
7
37
17
23
35
1
1
2
1
1
1
3
2
2
4
3
2
8
5
5
7
2
1
5
1
5
1
3
5
3
4
2
11
18
15
20
14
28
Parksville (formerly village)—	
22
12
52
26
33
Williams Lake	
44
Subtotals of  12 active town  accounts	
215
5
1
42
32
295
Villages (53)
Alert Bay.    	
2
8
7
8
3
5
3
9
9
8
6
10
3
9
9
4
3
8
2
1
8
6
3
7
5
4
2
1
	
1
3
2
1
2
2
3
4
4
1
2
1
1
1
3
1
1
1
2
2
2
1
9
5
7
Clinton	
3
12
Elkford
13
1
1
2
14
7
13
5
12
Gold River .                            	
11
1
1
1
1
7
3
Invermere —	
9
2
2
10
9
Lions Bay. _„	
3
9
Lumby.	
8
5
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
27
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Pensioners
Total
Contribu
Class
I
Class
II
Class
III
Class
rv
tors and
Pensioners
Villages—Continued
6
1
3
5
4
6
9
4
5
4
2
7
2
2
2
9
3
1
1
12
3
1
1
i
i
i
2
1
3
1
1
2
2
1
2
1
1
2
2
3
1
7
1
3
6
6
100 Mile House    _-
8
1
10
7
1
6
Port McNeilL    	
6
3
9
2
2
Sechelt                    -	
2
5
11
Taylor        -
4
Torino           - -
2
3
2
16
Warfield                          	
4
Subtotals of 49 active village ac-
241
4
2
66
13
326
Regional Districts (25)
4
3
130
4
9
16
21
6
26
33
7
10
3
9
356
5
8
5
63
9
8
7
2
7
9
	
7
6
2
1
178
8
10
4
4
12
13
4
5
2
7
49
2
3
4
10
3
4
7
1
3
6
2
10
1
6
6
325
13
9
26
25
10
1
2
38
46
12
17
5
177
1
3
1
1
2
16
538
7
12
9
76
13
12
14
4
12
15
Subtotals  of  25   active   regional
760
13
342
151
1,266
 28
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Class
I
Class
II
Class
in
Class
IV
Pensioners
Total
Contributors and
Pensioners
Miscellaneous Employers (82)
Art Gallery of Greater Victoria	
B.C.  Association  of  Colleges    (effective
February 1, 1678)	
B.C. Cancer Foundation 	
B.C. Council of Public Sector Employers
(effective January 27, 1978) -	
B.C. Health Association 	
B.C. Housing & Management Commission..
B.C. Medical Centre 	
B.C. School Trustees Association  —
Bella Bella Indian Band 	
Bevan Lodge Association	
Board of Cemetery Trustees of Greater
Victoria 	
Camosun College  —
Capilano College 	
Cariboo College	
Canadian Union of Public Employees 606 -
Cariboo-Thompson-Nicola Library System...
Castlegar & District Public Library Association  —	
Central City Mission   	
College of New Caledonia 	
Cominco Limited 	
Community Care Services Society.	
Coquitlam Public Library Board	
Cultus Lake Park Board   	
Dogwood Lodges 	
Douglas College 	
Downtown Community Health Society	
East Kootenay Community College 	
Emily   Carr   College   of   Art   (effective
April 1, 1978)  	
Fraser Valley College 	
Fraser Valley Regional Library.	
Greater Vancouver Library Federation	
Greater Victoria Water District 	
Health Labour Relations Association	
Hospital Employees' Union 	
Justice  Institute of B.C.   (effective  September 1,1978)  	
Kamloops Indian Band 	
Keremeos Irrigation District	
Kimberley Special Care Home Society.	
Kitimat Public Library Association... 	
Malaspina College   	
Maritime Museum of B.C. 	
Matsqui-Abbotsford  Recreation  Commission (effective January 1, 1978)	
Mayne Island Improvement District 	
Metropolitan Board of Health of Greater
Vancouver. 	
Municipal Finance Authority of B.C	
Nelson   Municipal   Library   (no   eligible
contributors at December 31,1978)	
North Island College 	
North Shore Union Board of Health 	
North Surrey Civic Properties Commission-
North Vancouver City Public Library 	
North Vancouver Recreation Centre	
Northern Lights College.— .__	
Northern Training Centre  	
13
7
13
10
16
6
10
34
21
16
10
19
14
4
12
32
3
1
11
6
1
36
11
14
23
4
49
2
3
13
2
13
10
1
15
11
1
22
13
18
13
54
48
39
40
41
20
15
2
101
118
5
9
4
44
72
4
2
5
13
15
1
3
50
1
18
61
11
6
23
12
1
10
11
1
20
35
8
1
23
34
19
71
55
53
60
27
34
15
7
114
150
8
10
15
55
79
5
43
17
32
17
.......
1
3
75
6
13
1
137
3
1
21
95
13
19
33
1
 MUNICIPAL SUPERANNUATION REPORT, 1978
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
29
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Class
I
Class
II
Class
m
Class
rv
Pensioners
Total
Contributors and
Pensioners
Miscellaneous Employers—Continued
Northwest Community College	
Okanagan College-
Open Learning Institute (effective June 1,
1978)..
Pacific Marine Training Institute  (effective April 1,1978)	
Pacific National Exhibition-
Pacific   Vocational   Institute    (effective
April 1,1978).
Parkdale Place—Multicare Residence (effective November 1, 1978).
Penticton and District Retirement Service..
Penticton Public Library. 	
Ponderosa Lodge-
Provincial Court Judges-
Registered Nurses Association of B.C..
Registered Nurses Association of B.C.—
Labour Relations Division	
Richmond Public Library Board..
Saltspring Island Fire Protection District-
Selkirk College-
Southern Okanagan Lands Irrigation District     	
Surrey Parks and Recreation Commission .
Union of British Columbia Municipalities-
University Endowment Lands	
Vancouver City Council-
Vancouver Community College _
Vancouver Island Regional Library.—	
Vancouver Municipal and Regional Employees' Union..
Vancouver Museums and Planetarium Association  	
Vancouver Public Aquarium Association .
Vancouver Resources Board .	
View Royal Fire Protection District..
Westbank Irrigation District	
Subtotals   of   70   active   miscellaneous accounts	
Hospitals by Name (116)
Armstrong-Spallumcheen—Armstrong..
Arrow Lakes—Nakusp..
Ashcroft & District General—Ashcroft.
Bella Coola General—Bella Coola	
Boundary—Grand Forks...
Bulkley Valley District—Smithers..
Burnaby General—Burnaby...
Burns Lake & District—Burns Lake	
Campbell   River   and   District   General
-Campbell River-
Cancer   Control   Agency   of   B.C.—Vancouver.	
Cariboo Memorial—Williams Lake—
Castlegar and District—Castlegar.	
Chemainus General—Chemainus	
Chetwynd General—Chetwynd	
Children's—Vancouver..
Chilliwack General—Chilliwack	
Cowichan District—Duncan   	
11
22
75
36
2
1
13
25
60
4
1
64
7
36
18
866
Cranbrook District—Cranbrook .
1
3
4
7
6
13
62
11
12
92
8
9
4
1
78
58
35
23
18
46
1
15
48
23
6
53
77
6
19
38
1
24
2
145
34
24
11
70
30
1,544
14
16
29
11
47
65
486
37
169
337
134
50
27
15
771
377
764
148
76
3
7
31
140
3
2
3
2
3
5
48
5
75
6
6
1
41
76
42
10
79
68
1
116
84
75
7
66
7
31
11
22
2
67
9
86
6
2
6
223
45
63
31
31
2
5
2,600
18
21
36
15
51
83
596
53
187
454
148
65
32
16
290
412
341
181
 30
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Pensioners
Total
Contribu
Class
I
Class
n
Class
m
Class
IV
tors and
Pensioners
Hospitals by Name—Continued
10
6
17
7
1
2
2
9
5
12
4
56
4
59
6
15
16
27
108
7
13
35
5
7
34
3
132
4
4
2
26
5
19
5
17
12
5
51
10
92
6
4
25
32
56
1
1
16
77
17
5
i
i
—
50
19
130
76
15
1
22
15
59
18
92
43
171
42
279
160
159
201
189
573
63
115
151
26
31
247
43
914
51
12
23
198
28
225
56
143
132
60
233
48
541
34
7
41
54
214
287
2
9
23
151
577
174
21
8
14
8
5
3
9
9
4
15
3
11
38
12
6
2
52
19
1
23
9
7
18
1
49
2
13
8
15
3
5
11
8
16
18
46
1
1
15
44
28
18
19
3
68
Cumberland   Diagnostic   and   Treatment
39
Dawson Creek and District—Dawson Creek-
Delta Centennial Hospital Society—Delta—
155
83
15
Eagle   Ridge Hospital   and   Health   Care
2
Enderby and District Memorial—Enderby.—
29
3
Fernie Memorial—Fernie.	
77
23
Fort St John—Fort St. John 	
113
51
G. F. Strong Rehabilitation Centre—Van-
242
49
349
204
G. R. Baker Memorial—Quesnel..	
186
223
Juan de Fuca Hospital Society—Victoria	
218
733
89
129
209
40
Ladysmith   and   District   General—Lady-
45
299
47
1,095
Louis Brier—-Vancouver	
McBride and District—McBride	
55
18
25
237
41
Matsqui-Sumas-Abbotsford—Abbotsford-	
259
64
Mills Memorial—Terrace 	
165
155
73
Mount St. Joseph—Vancouver 	
300
76
679
Nicola Valley General—Merritt 	
42
7
100   Mile   House   District   General—100
46
Overlander Extended Care—Kamloops	
79
261
387
2
10
Pouce Coupe Community—Pouce Coupe
24
195
Prince George Regional District—Prince
673
Prince Rupert Regional—Prince Rupert	
Princeton General—Princeton	
210
29
 MUNICIPAL SUPERANNUATION REPORT,  1978
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
31
Employer
Contributors
Pensioners
Total
Class
I
Class
II
Class
III
Class
IV
tors and
Pensioners
Hospitals by Name—Continued
Queen Alexandra Hospital for Children—
17
3
7
35
1
19
172
95
321
2
25
2
7
7
29
36
7
257
36
1
425
19
1
15
1
3
2
4
11
57
1
3
45
33
1
740
52
190
1
29
3
5
1
1
	
54
15
37
209
2
267
1,077
657
1,349
7
156
14
25
50
198
288
77
1,343
292
55
830
109
9
73
15
26
3
32
33
51
613
15
26
313
177
10
3,349
332
845
8
164
43
37
14
2
7
9
4
202
35
203
6
2
11
20
3
141
39
225
23
4
8
1
2
85
Queen Charlotte Islands General—Queen
20
Queen Victoria—Revelstoke  	
Queen's   Park   Hospital   Society—New
Westminster  ,',.	
51
244
12
Richmond General—Richmond	
290
1,451
787
1,873
9
Royal Inland—Kamloops , - -
Royal Jubilee—Victoria  -	
181
16
38
59
238
344
St. Mary's—Sechelt 	
87
1,741
St. Vincent's—Vancouver.	
St. Vincent's (Arbutus)—-Vancouver. 	
Shaughnessy—Vancouver	
367
56
1,480
151
14
South Okanagan General—Oliver	
Sparwood   General—Michel    (formerly
Mirhrf-Nntal)
96
17
Squamish General—Squamish	
31
3
11
5
15
1
37
440
32
130
3
18
8
34
Summerland General—Summerland	
Sunny Hill Hospital for  Children—Vancouver —	
48
67
685
16
Tofino General—Tofino 	
Trail Regional—Trail 	
University Health Sciences Centre—Vancouver 	
University Health Services Centre—Van-
30
395
210
11
4,530
417
1,165
Victorian—Kaslo  	
12
211
Windermere District—Invermere 	
46
50
Subtotals  of 115  active hospital
accounts „  	
4,186
4
1
22,925
2,495
29,611
School Districts (67)
10
61
12
11
185
3
38
	
1
29
3
5
42
10
3
134
5
23
3
23
3
74
12
18
Alberni (No. 70)     	
126
Armstrong-Spallumcheen (No. 21). 	
22
18
Burnaby (No. 41) 	
422
8
Campbell River (No. 72)   	
76
 32
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Schedule 7—Continued
Number of Contributors and Pensioners by Employer,
as at December 31,1978
Employer
Contributors
Class
I
Class
II
Class
III
Class
IV
Pensioners
Total
Contributors and
Pensioners
School Districts—Continued
Cariboo-Chilcotin (No. 27)	
Castlegar (No. 9) 	
Central Coast (No. 49) 	
Central Okanagan (No. 23)	
Chilliwack (No. 33)	
Courtenay (No. 71)	
Cowichan (No. 65)  	
Creston-Kaslo (No. 86)—	
Delta (No. 37)	
Fernie (No. 1)..
Golden (No. 18)	
Grand Forks (No. 12)	
Greater Victoria (No. 61)..
Gulf Islands (No. 64)	
Hope (No. 32)..
Howe Sound (No. 48)_
Kamloops (No. 24)	
Keremeos (No. 16)	
Kettle Valley (No. 13 )_
Kimberley (No. 3)_
Kitimat (No. 80)	
Lake Cowichan (No. 66)~
Lillooet (No. 29)	
Maple Ridge (No. 42)	
Merritt (No. 31)	
Mission (No. 75)	
Nanaimo (No. 68)	
Nechako (No. 56)	
Nelson (No. 7)..
New Westminster (No. 40)..
Nisgha (No. 92)..
North Thompson (No. 26)._.
North Vancouver (No. 44)....
Peace River South (No. 59).
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)	
Sechelt (No. 46)	
Shuswap (No. 89)	
Smithers (No. 54)	
Sooke (No. 62)..
South Cariboo (No. 30)	
Southern Okanagan (No. 14)..
Summerland (No. 77)	
Surrey (No. 36) 	
Terrace (No. 88)	
Trail (No. 11) 	
Vancouver (No. 39)..
Vancouver Island North (No. 85)..
Vancouver Island West (No. 84)—.
Vernon (No. 22).
West Vancouver (No. 45)..
Windermere (No. 4)	
Subtotals of 67 active school district accounts 	
85
35
10
135
76
61
46
36
93
34
4
18
246
10
8
27
163
10
7
19
17
15
14
63
23
37
115
18
52
45
1
15
170
43
52
58
124
29
6
23
51
23
138
62
23
79
22
70
26
24
11
289
37
47
625
21
9
118
67
12
4,117
1
12
21
8
1
1
1
5
23
1
7
47
12
51
9
10
21
35
53
48
18
57
17
4
12
162
7
7
29
169
13
20
9
12
70
12
33
108
40
18
29
10
79
26
18
48
160
9
6
24
33
11
183
37
19
55
17
48
15
19
12
203
43
19
462
44
5
68
97
7
202
3,080
2
14
9
24
14
7
18
3
2
92
3
3
8
23
4
8
8
4
5
2
6
36
6
11
23
58
14
15
13
13
2
5
2
13
1
25
15
7
15
5
15
1
19
1
26
3
14
303
2
1
12
20
1,080
138
54
22
173
121
138
108
61
171
55
8
32
500
20
18
65
367
10
15
36
45
36
30
138
37
78
266
64
81
99
1
25
328
83
93
119
298
40
18
50
102
35
369
115
49
149
44
136
43
62
24
518
83
87
1,438
67
15
210
184
19
8,480
Total of 410 active accounts..
19,503
4,102
440
31,005
7,858
62,908
 MUNICIPAL SUPERANNUATION REPORT, 1978
33
MUNICIPAL SUPERANNUATION FUND
Approved and Reciprocal Employers, as at December 31, 1978
Approved Employers
Section 13 (4) provides for the granting of a deferred allowance to a contributor who within three years of making his last contribution to the Fund enters
the service of one or more of the following employers and becomes entitled to
an allowance:
Effective
Date
Government of Canada-
British Columbia Railway Company-
British Columbia Hydro and Power Authority..
.Apr.
Apr.
..Apr.
Employers to whom the Members of the Legislative Assembly Superannuation A ct applies Apr.
International Brotherhood of Electrical Workers Local 213.
Montreal Childrens' Hospital-
Plumbing and Pipefitting Workers Local 170..
School District No. 35 (Langley)	
School District No. 43 (Coquitlam).
University of British Columbia—Faculty Staff-
University of Toronto Pension Plan	
.Apr.
...Feb.
..Mar,
..Aug.
..Aug.
..Aug.
..Mar.
1, 1958
2, 1969
2, 1969
2,1969
22,1977
17,1976
19, 1976
15, 1974
3,1973
23, 1973
15, 1977
Special Agreement With Approved Employer
Section 13 (6) provides for transfer of funds in respect of an employee who
transfers to or from the service of the following employer:
Government of Canada June 19, 1975
Reciprocal Employers
Section 13a provides for the method of determining pensionable service and
highest average salary together with pro rata sharing of the present value of the
allowance and transfer of funds in respect of an employee who within three years
of termination of his service transfers to or from the service of the following
reciprocal employers:
Any employer to whom the Public Service Superannuation Act applies June 1, 1973
Any employer to whom the College Pension Act applies June 1,1973
Any employer to whom the Teachers' Pensions Act applies June 1,1973
Workers' Compensation Board  June 5,1974
 34
BRITISH COLUMBIA
MUNICIPAL SUPERANNUATION FUND
Approved Long-Term Disability Salary Continuance Plans,
as at December 31, 1978
Employer
Arrow Lakes School District No. 10..
B.C. Health Association	
British Columbia Teachers' Federation—Senior Administrative Staff employed by:
School District
Effective
Date
..June 12, 1979
..Mar. 11,1975
Abbotsford No. 34	
Agassiz-Harrison No. 76_
Alberni No. 70	
Armstrong-Spallumcheen No. 21_
B.C.T.F	
Burns Lake No. 55	
Campbell River No. 72..
Castlegar No. 9	
Central Okanagan No. 23.
Chilliwack No. 33	
Courtenay No. 71	
Cowichan No. 65	
Cranbrook No. 2	
Creston-Kaslo No. 86	
Delta No. 37	
Fort Nelson No. 81	
Grand Forks No. 12	
Greater Victoria No. 61.
Gulf Islands No. 64	
Hope No. 32-
Howe Sound No. 48_
Kamloops No. 24	
Keremeos No. 16	
Kettle Valley No. 13.
Kimberley No. 3	
Ladysmith No. 67	
Lake Cowichan No. 66.
Langley No. 35	
Lillooet No. 29	
Maple Ridge No. 42_
Mission No. 75	
Nanaimo No. 68	
Nelson No. 7	
New Westminster No. 40—
North Thompson No. 26	
North Vancouver No. 44	
Peace River North No. 60..
Peace River South No. 59—
Penticton No. 15	
Powell River No. 47—
Prince George No. 57..
Prince Rupert No. 52-
Princeton No. 17	
Qualicum No. 69_
Queen Charlotte No. 50..
Quesnel No. 28	
Richmond No. 38	
Saanich No. 63	
Sechelt No. 46	
Shuswap No. 89	
Skeena-Cassiar (now Terrace No. 88).
.Feb. 24, 1977
..Feb. 24, 1977
..Feb. 24, 1977
JFeb. 24, 1977
.Feb. 24, 1977
.Peb. 24, 1977
..Feb. 24, 1977
...Feb. 24, 1977
..Feb. 24, 1977
..Feb. 24,1977
Feb. 24, 1977
.Feb. 24,1977
..Feb. 24, 1977
Feb. 24, 1977
Feb. 24, 1977
Feb. 24, 1977
Feb. 24, 1977
.Feb. 24, 1977
. Feb. 24, 1977
Feb. 24, 1977
_Feb. 24, 1977
Feb. 24,1977
Feb. 1, 1978
..Feb. 24, 1977
.JFeb. 24, 1977
.Feb. 24, 1977
.Feb. 24, 1977
-Feb. 24, 1977
_Peb. 24, 1977
„Feb. 24, 1977
Feb. 24, 1977
_Feb. 24, 1977
..Feb. 24, 1977
..Oct. 1,1978
Feb. 1,1978
..Feb. 24,1977
.June 1, 1977
.Feb. 24, 1977
- Feb. 24,1977
-Feb. 24,1977
.Feb. 24,1977
.Feb. 24,1977
..Feb. 24,1977
.Feb. 24, 1977
.Feb. 24,1977
..Feb. 24, 1977
.Feb. 24, 1977
..Feb. 24, 1977
Feb. 24, 1977
..Feb. 24,1977
.Feb. 24,1977
 MUNICIPAL SUPERANNUATION REPORT, 1978
35
MUNICIPAL SUPERANNUATION FUND
Approved Long Term Disability Salary Continuance Plans,
as at December 31,1978—Continued
Employer
School District—Continued
Smithers No. 54	
Sooke No. 62	
South Cariboo No. 30_.
Stikine No. 87	
Summerland No. 77_
Trail No. 11	
Vancouver No. 39—
Administrators...
Co-ordinators	
Elementary	
Secondary..
Vancouver Island North No. 85	
Vanderhoof (now Nechako No. 56).
Vernon No. 22	
Williams Lake (now Cariboo-Chilcotin No. 27).
Windermere No. 4	
Corporation of the District of Burnaby..
Capilano College..
College of New Caledonia-
Douglas College-
Greater Vancouver Mental Health Service-
Justice Institute of B.C.	
City of Kelowna..
Northern Lights College	
Northwest Community College-
District of Oak Bay	
Okanagan College-
Pacific National Exhibition-
Pacific Vocational Institute-
District of Surrey-
Effective
Date
Surrey School District No. 36	
Vancouver Community College	
Vancouver Public Aquarium Association	
West Vancouver School District No. 45	
West Vancouver School District No. 45 senior administrative staff June 16, 1977
Feb. 24, 1977
.Feb. 24, 1977
Feb. 24, 1977
Feb. 24, 1977
Feb. 24, 1977
.Feb. 24,1977
..Feb. 24,1977
„Feb. 24, 1977
.Feb. 24, 1977
. Feb. 24,1977
..Feb. 24, 1977
.Feb. 24,1977
Feb. 24,1977
.Feb. 24, 1977
..Feb. 24,1977
..Oct. 29, 1979
..June 4, 1979
Apr. 30, 1979
.July 30, 1979
Apr. 8,1976
..Aug. 3, 1979
..Apr. 21,1975
.June 8, 1979
..Oct. 29, 1979
..Dec. 19,1974
Feb. 4,1977
. June 16,1977
..Apr. 9, 1979
Aug. 3, 1979
.June 19, 1978
.June 6,1979
Feb. 16,1979
..June 16, 1977
Queen's Printer for British Columbia ©
Victoria, 1980
1030-180-9621
 

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