Tuesday, January 21, 2014

The Church of England Funded Pension Scheme valuation

January 21, 2014

In response to the claims in the media by Mr John Ralfe in relation to the Church of England Clergy Pensions Scheme, the pensions board has issued the following statement:

John Ralfe's claim that there is a big hole in the clergy pension scheme is simply inaccurate. At the last valuation of the scheme, on 31 December 2012, the funding deficit was 25%, and we are on target to be fully funded over the next decade. Had the valuation been carried out at the end of 2013, we might have expected the funding deficit to be closer to 15%.

Read the full story at www.VirtueOnline.org

No comments: