If they have, state clearly and fully the nature and 
purpose of such alterations, and their effect on the 
results shown by the valuation. 
(4.) Has any allowance been made for any provisions in 
the rules relating to the reduction of sick pay m 
cases where sickness lasts beyond the time for which 
full sick pay runs ? 
If so, state clearly and fully how such allowance 
has been calculated, and its effect on the results of the 
valuation. 
(5.) How have the valuation ages been computed ? 
(6.) What average rate of interest has been realised on the 
funds of the society for each of the five years pre 
ceding the date of valuation ? 
(7.) Has an investigation been made into the mortality or 
sickness experience of the society ? If so, give the 
particulars of the observations, and the results 
deduced therefrom at the various ages. 
(Where convenient, these particulars and results 
may be furnished on a separate sheet.) 
(8.) To what causes may be attributed the surplus or defi 
ciency shown by the valuation ? 
Note.—Where the accounts of any of the various 
benefit funds are kept distinct, the answer should 
deal with each fund separately. 
(9.) Fill in the particulars required in the appended 
schedule. 
Year ending 
Kate of Interest localised 
31st December 18 
per Cent. 
„ 18 
>» 
„ „ 18 
” 
„ „ 18 
„ 18 
> 
>> 
VALUATION. 297