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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Public Employees' Contributory Retirement Scheme (PECRS) Annual Report 2013

Produced by the Treasury and Exchequer
Authored by States of Jersey and published on 09 Jul 2014
Prepared internally, no external cost

Summary

​​The PECRS 2013 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 £220 million to be valued at £1.59 billion at the end of the year
  • the fund achieved an investment return of 18% over the year outperforming its benchmark by 5.4%
  • scheme membership continued to grow partly as a result of increasing longevity and by the end of 2013 the scheme had 13,1991 members, of which 53% were active members, 29% pensioners and 18% deferred members
  • during the year there has been an increased use of the PECRS website with over 5,200 hits
  • the changes that are being made to the scheme through the ongoing pension review

Download PECRS annual report 2013 (size 1.3mb)
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