About the Fund

The Aims of the Fund

• Enable employer contribution rates to be kept as nearly constant as possible and at reasonable cost to the taxpayers, scheduled and admitted bodies, having regard to the benefits being paid and those due to be paid at a future date.
• Manage employers' liabilities effectively through regular review of contributions and additional contributions for early retirements which lead to a strain on funding.
• Encourage membership.
• Ensure that sufficient resources are available to meet all liabilities as they fall due.
• Maximise the returns from investments within reasonable risk parameters.
• Achieve excellent customer care.
• Continually improve service delivery.