The primary purpose of the Fund is to ensure it has sufficient assets to meet its pension promises and pay all benefits to 27,500+ active, deferred and pensioner members of the Fund as and when they fall due, both now and in the future, and to provide services to other participating employers and bodies.
At its core, the Fund seeks to balance the following objectives:
- invest Fund assets prudently whilst achieving growth and managing risk;
- generate sufficient long-term returns for the Fund to remain affordable and;
- to keep employers contribution rates as stable as possible.