Public Employees' Contributory Retirement Scheme (PECRS) Annual Report 2012
Produced by the
Treasury and Exchequer
Authored by
States of Jersey
and published on
18 Sep 2013
Prepared internally, no external cost
Summary
The PECRS 2012 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 £121 million to be valued at £1.37 billion at the end of the year
- the fund achieved an investment return of 11.1% over the year outperforming its benchmark which increased by 8.5%
- scheme membership continued to grow partly as a result of increasing longevity and by the end of 2012 the scheme had 13,250 members of which 56% were active members, 30% pensioners and 14% deferred members
- administration of the scheme has continued to improve with 87% of administration tasks were completed within target
- further improvements have been made to the accessibility of scheme information with the establishment of a website
Download PECRS Annual Report 2012 (1.41mb)
gov.je