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The Life and Work of Richard John Seddon
Old Age Pensions
page 383
Old Age Pensions.
The following table gives the numbers of pensions in force at the end of each financial year (March 31) since the Old Age Pensions Act came into operation in 1899, and the gross payments made in each year:—
| Year. | Pensions in Force. | Gross Payment. |
| £ | ||
| 1899 | 7,443 | 3,124 |
| 1900 | 11,285 | 157,342 |
| 1901 | 12,405 | 197,292 |
| 1902 | 12,776 | 207,468 |
| 1903 | 12,481 | 210,140 |
| 1904 | 11,926 | 203,164 |
| 1905 | 11,770 | 195,475 |
| 1906 | 12,582 | 254,367 |
| Gross Total | £1,428,372 |