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Friday, 15 May 1970


Mr Whitlam asked the Minister for External Territories, upon notice:

(1)   For what quinquennial periods has the Commonwealth Actuary made an investigation of the Papua and New Guinea Superannuation Fund.

(2)   On what date has he reported the result of each investigation to the Papua and New Guinea Superannuation Board.

(3)   What are the names and positions of the persons who constitute the Board.

(4)   On what date has each report by the Actuary and the Board been tabled in the Legislative Council and the House of Assembly for the Territory of Papua and New Guinea.


Mr Barnes - The answer to the honourable member's question is as follows:

(1)   The Commonwealth' Actuary has made an investigation of the Papua and New Guinea Superannuation Fund in respect of the periods ending 30th June 1957, 30th June 1962 and 30th June 1967.

(2)   The Commonwealth Actuary reported the results of these investigations to the Papua and New Guinea Superannuation Board on 29th September 1958, 18th March 1963 and 3rd November 1969, respectively.

(3)   The Papua and New Guinea Superannuation Board is presently constituted of -

(a)   a representative of the Department of External Territories - Mr A. W. Richardson, Assistant Secretary, Economic Affairs Division, Department of External Territories (appointed for 5 years from 13th March 1969).

(b)   the Commonwealth Actuary - Mr S. W. Caffin.

(c)   an elected contributors' representative - Mr P. J. Clay, Crown Solicitor, Department of Law, Papua and New Guinea Administration (appointed for 5 years from 2nd February 1968).

(4)   These reports have not been tabled.







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