$1,856,025 OWED BY STATE FOR FIREMEN’S PENSIONS

$1,856,025 OWED BY STATE FOR FIREMEN’S PENSIONS

Harrisburg, Pa.—The state owes the municipalities for firemen’s pension funds the sum of $1,856,025.29, acording to the report of Main & Co., certified accountants, who have been going over the books of the auditor general’s department during the past month. Some time ago Auditor General Lewis in a communication to State Treasurer Snyder called his attention to the fact that the state tax on foreign fire insurance company policies had exceeded the $1,000,000 fund, authorized for state insurance purposes, by $828,913.81, that this money was in banks on deposit and legally belongs in the general fund instead of the insurance fund.

The act of July 15, 1919, according to the auditor general, regulates the distribution of the foreign fire insurance tax, taking precedence over prior laws. It provides that the proceeds of the tax be paid to the treasurers of cities, borough and first class townsships upon certification by the state insurance commissioner, when there are sufficient funds in the state treasury to warrant the payments.

The sums due the municipalities are $325,770.45 for part of 1919, $677,365.68 for 1920 and $852,889.16 for the period from Jan. 1 to May 31, when the appropriation year ended, according to the certified accountants.

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