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
|