Below is a summary of the key information about the Scheme’s finances for the year to 31 March 2025. We encourage members to read this alongside the information on the latest financial health check to better understand how the finances are managed.
If you’d like more information, you can ask the Pensions Administration Team for a copy of the full Report and Accounts.
We monitor the Scheme’s investments closely. It's normal for the Scheme's assets to go up and down in value from year to year. More information on the change in asset values is provided in the news article on the financial health check, which shows that the Scheme continues to be in a secure financial position.
THE SCHEME’S INVESTMENTS.
As at 31 March 2025, the Scheme’s assets were invested as follows:
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SCHEME MEMBERSHIP.
As at 31 March 2025, the Scheme had over 99,000 members that are either receiving their pension already (retired members) or are due a pension in future (deferred members).
