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Searching for: researcher is "audit scotland"

Surveys listed in reverse order of publication date

Results 1-2 of 2.

An overview of local government in Scotland 2010
An overview of local government in Scotland 2010
Audit Scotland
Jan 2011 United Kingdom Surpluses and Deficits, Local Government, Funding and Minimum Funding Requirement
According to Audit Scotland's latest report entitled "An overview of local government in Scotland 2010", the gap between councils' pension funds assets and liabilities widened from £3.8bn at the start of last year to £9bn at 31 March 2010. The results also revealed that between 2005/06 and 2009/10, councils’ total contributions to the Local Government Pension Scheme increased by 24%, from £542m to £670m.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2011 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1C585298   Click here to contact the authors.
 
Report outlines funding pressures on public sector pension schemes
Funding pressures on public sector pension schemes
Audit Scotland
20 Jun 2006 United Kingdom Occupations/Industry Sectors, Local Government, Funding and Minimum Funding Requirement
Audit Scotland has published a report on the six main public sector pension schemes, which will provide retirement benefits to about 950,000 people. Nearly one in five people living in Scotland has some entitlement to a public sector pension. The report calculated that the level of unfunded liabilities in the five main schemes administered in Scotland could be as high as £43 billion, but if the civil service pension scheme is included in the calculations, the figure would increase to £53 billion. The study concluded that the funding shortfall and unfunded liabilities of public sector schemes in Scotland are increasing and that employer and employee contributions will have to be boosted to address the problem.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2006 or click here (this link will not work in all circumstances). For further information about Perspective click here.

5F33561E   Click here to contact the authors.
 

Results 1-2 of 2.