Dáil Éireann - Volume 47 - 17 May, 1933
Ceisteanna—Questions. Oral Answers. - Fourth Valuation of Approved Societies.
Mr. Dillon Mr. Dillon
Mr. Dillon asked the Minister for Local Government and Public Health if in view of his statement that the actuary has reported that certain approved societies on the fourth valuation as at December 31 next will disclose deficiencies aggregating £510,000, and that there will be available to meet this deficiency the contingencies funds of those societies amounting to £110,000, and the central funds amounting to £120,000, leaving a net deficiency of £280,000, he will state as regards the approved societies in surplus (a) the number and total membership of such societies; (b) the amount of their aggregate surpluses; and (c) the amount of their contingencies funds and also what funds, if any, in addition to those mentioned in the earlier part of the question are available as a set-off against the deficiency referred to above.
Mr. O'Kelly Mr. O'Kelly
 Mr. O'Kelly: The actuary in his forecast of the results of the fourth valuation did not give particulars as to surpluses or deficiencies, society by society.
(a) It is, therefore impossible to give the number and total membership of the societies which will be in surplus as at 31st December, 1933.
(b) The amount of the aggregate surpluses as at 31st December, 1933, was estimated by the actuary at £335,000.
(c) The amount of the contintingencies funds of societies in surplus and the balance of their own contingencies funds not required by certain societies in deficiency was estimated by the actuary at £70,000.
No further funds are available, in addition to those mentioned in the question, as a set-off against the deficiency.
Dáil Éireann 47 Ceisteanna—Questions. Oral Answers. Fourth Valuation of Approved Societies.