Transport for London Pension Fund
Submitted by Admin on 19 July, 2010 - 10:33From Bob Crow, General Secretary ...
Dear Colleague,
I am writing to bring you up to date with developments in regard to the TfL Pension Fund.
Actuarial Valuation
The results of the latest valuation of the Fund have recently been concluded. The valuation, as at 31st March 2009, assesses whether or not there are sufficient assets to pay for pensions already promised to existing pensioners, deferred pensioners and active members, and also sets employer contribution rates necessary to fund future benefits after the valuation date.