Papua's Superannuation
p. 55 · Read in the full issue
Fund
From Our Own Correspondent
Pt. Moresby, Mar. 28.
THE Report of the Superannuation Fund Board discloses that 37 Papuan officers received superannuation allowance during the year amounting to £10,260. Contributions paid to the Fund by 143 officers totalled £3,178. The Papuan Government paid £15,523.
Interest on investments brought in £1,191. These investments were £29,840 in Commonwealth 4 per cent. Loan, and £lO,OOO on fixed deposit with the Bank of New South Wales at 21 per cent.
Right Rev. L. S. Kempthorne, M.A. (Oxon), Bishop of Polynesia, whose headquarters are at Suva, Fiji, will pay a visit to Ocean Island and Nauru in June next. He will then go on to Aus tralia, where he intends to spend six weeks.
Mr. R. B. Perriman, manager of Messrs. W. R. Carpenter and Co. Ltd.’s branch at Rabaul, New Guinea, reached Sydney by the “Tanda” on March 24.
Mr. Allan Lovell, of Burns, Philp and Co. Ltd., Wau, reached Sydney from New Guinea in April, on three months’ furlough.