JTSF annual report 2011
Produced by the
Treasury and Exchequer
Authored by
States of Jersey
and published on
05 Sep 2012
Prepared internally, no external cost
Summary
The JTSF 2011 annual report contains the following highlights:
- during the year the JTSF decreased in value by over £17.4 million, resulting in a value of £302.6 million at the end of the year
- over the year negative returns from the Fund’s investments in stocks and shares were partially offset by positive returns in the Fund’s bond and property investments
- the last actuarial valuation was conducted at the end of December 2010 and the results are due to be reported in 2012
- the average pension paid from the JTSF during the year was £14,500
JTSF annual report 2011