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Financial summary of the Scheme
Each year, the Trustee produces its Report and Accounts. This shows the financial development of the Scheme over the year. The Chair’s Statement also assesses the Scheme Trustee Knowledge and Understanding; value for members; and charges and transaction costs.
You can see a summary of the Report and Accounts below for the year ended 31 March 2019.
| Income | £m |
| Contributions and transfer in | 78.8 |
| Investment and other income | 2.7 |
| Increase in market value | 37.2 |
| Income total | 118.7 |
| Expenditure | £m |
| Pensions and other benefits paid | 13.5 |
| Leavers' payments | 21.3 |
| Expenses | 1.8 |
| Expenditure total | 36.6 |
A copy of the 2019 Trustee Report and Accounts is available in the document library.
Membership numbers
The table below shows how the membership of the Scheme changed over the year to 31 March 2019.
| Active members | As at 31 March 2018 | 18,462 |
| As at 31 March 2019 | 19,747 | |
| Deferred members | As at 31 March 2018 | 11,724 |
| As at 31 March 2019 | 13,003 | |
| TOTAL | As at 31 March 2019 | 32,750 |
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