PECRS Annual Report 2015
Produced by the
Treasury and Exchequer
Authored by
Treasury and Resources
and published on
31 May 2016
Prepared internally, no external cost
Summary
The PECRS 2015 annual report outlines the activities of the pension scheme over the last year.
The report highlights that:
- during the year the investments of the scheme increased by £70 million to be valued at £1.8 billion at the end of the year
- the fund achieved an investment return of 5.7% compared to a benchmark return of 2.1%
- scheme membership continued to grow and by the end of 2014 the scheme had 14,896 members, of which 50% were active members, 30% pensioners and 20% deferred members
- from 1st January 2016 the PECRS closed to new membership so the percentage of active members will start to decline.
- the scheme had a surplus of £92.7 million part of which has been used to revise pension increases to the full annual increase in Jersey RPI
PECRS Annual Report 2015
gov.je