Finance

 

Around November each year, a budget report is submitted to the Pensions Authority detailing expected expenditure and income figures for the current financial year and budget estimates for the following financial year.

 

 

2017/18 Original Estimate (£)

 

2017/18 Probable Outturn (£)

 

2018/19 Estimate (£)

 

Administration Expenses

3,182,500

3,016,300 

3,190,600 

Investment Expenses

3,860,100

4,200,800

5,790,700

Contingencies

(0)

(0)

(0)

Pooling Set-Up  Adjustment 130,500    

Total Expenditure Requirement

 

7,173,100

 

7,217,100

 

8,981,300

 

Recharged to:

Fund

 7,003,100

 7,107,100 

8,981,300 

SYPT Pension Fund

170,000

110,000

0

Total Recharge

7,173,100

5,402,700

8,981,300