The Reversionary (or prospective) and Collective Methods of Valuing Widows' Funds, with some Notes on the Valuation of the Church of Ireland Widows’ and Orphans’ Fund

Extract

Every Church of Ireland clergyman whose stipend is payable through the Representative Church Body (the body in whom the funds of the Church were vested at its dis-establishment) must become, and is designated, a compulsory member of its Widows’ and Orphans’ Fund, which was founded in 1876. If the member be unmarried and not more than 35 years of age at date of entry he is charged the normal subscription of £6 per annum, payable quarterly; while, if he be married or aged more than 35 years at date of entry, he must pay such subscription as the Board of the Fund, by the advice of its actuary, may determine.