Summary funding statement

What is a summary funding statement?

The summary funding statement is issued each year to scheme members to explain the scheme’s latest financial position. In this statement you will find an update on how the scheme’s assets compare with the value of the scheme’s liabilities – the amount needed to pay future pensions and other benefits given prevailing market conditions. Since 2014 the summary funding statement has been contained within the Members' annual report.

Previous summary funding statements can be found below;

Members' annual report and summary funding statement - 2015

Members' annual report and summary funding statement - 2014

Summary funding statement - 2013

Summary funding statement - 2012

Last updated: about 4 months ago