File No. 811-2263
File No. 2-42885
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X
Pre-Effective Amendment No. ______
Post-Effective Amendment No. 44
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT
OF 1940 X
Amendment No. 27
UNITED RETIREMENT SHARES, INC.
(Exact Name as Specified in Charter)
6300 Lamar Avenue, Shawnee Mission, Kansas 66201-2917
(Address of Principal Executive Office) (Zip Code)
Registrant's Telephone Number, including Area Code (913) 236-2000
Sharon K. Pappas, P. O. Box 29217, Shawnee Mission, Kansas 66201-9217
(Name and Address of Agent for Service)
It is proposed that this filing will become effective
__X__ immediately upon filing pursuant to paragraph (b)
_____ on (date) pursuant to paragraph (b)
_____ 60 days after filing pursuant to paragraph (a)
_____ on (date) pursuant to paragraph (a) of Rule 485
============================================================================
DECLARATION REQUIRED BY RULE 24f-2 (a) (1)
The issuer has registered an indefinite amount of its securities
under the Securities Act of 1933 pursuant to Rule 24f(a)(1).
Notice for the Registrant's fiscal year ended June 30, 1994 was
filed on August 23, 1994.
============================================================================
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT TO SHAREHOLDERS DATED JUNE 30, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1994
<PERIOD-END> JUN-30-1994
<INVESTMENTS-AT-COST> 410,597,157
<INVESTMENTS-AT-VALUE> 459,773,895
<RECEIVABLES> 3,442,144
<ASSETS-OTHER> 10,144
<OTHER-ITEMS-ASSETS> 18,727
<TOTAL-ASSETS> 463,244,910
<PAYABLE-FOR-SECURITIES> 9,450,600
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 958,277
<TOTAL-LIABILITIES> 10,408,877
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 333,187,777
<SHARES-COMMON-STOCK> 59,281,716
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 806,482
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10,383,320
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 49,176,738
<NET-ASSETS> 452,836,033
<DIVIDEND-INCOME> 6,529,978
<INTEREST-INCOME> 7,135,345
<OTHER-INCOME> 0
<EXPENSES-NET> 3,724,964
<NET-INVESTMENT-INCOME> 9,940,359
<REALIZED-GAINS-CURRENT> 16,961,825
<APPREC-INCREASE-CURRENT> (8,435,883)
<NET-CHANGE-FROM-OPS> 18,466,301
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9,489,801
<DISTRIBUTIONS-OF-GAINS> 14,680,000
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,022,339
<NUMBER-OF-SHARES-REDEEMED> 5,121,599
<SHARES-REINVESTED> 3,062,704
<NET-CHANGE-IN-ASSETS> 72,903,210
<ACCUMULATED-NII-PRIOR> 355,924
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,423,283
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,724,964
<AVERAGE-NET-ASSETS> 427,898,378
<PER-SHARE-NAV-BEGIN> 7.70
<PER-SHARE-NII> .18
<PER-SHARE-GAIN-APPREC> .22
<PER-SHARE-DIVIDEND> .18
<PER-SHARE-DISTRIBUTIONS> .28
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.64
<EXPENSE-RATIO> .87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
