Last full triennial actuarial valuation of 31st Dec 2010: - Fund = £930m Liabilities = £1000m Therefore 93% funded. None of this FRS17 pie in the sky accounting assumptions. Note - some of the employers contributions went down due to sections of the fund being over 100% funded so if the fund was in trouble why make the reductions. It is common knowledge that the new FRS17 accounting system predicts far lower values to that of a full and proper actuarial valuation, so no more scaremongering; change the record.
Voice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.
