“Sow while you earn…Reap when you retire…”
Yield on Net Assets Available for Benefit 10 Membership 11 Expenses 11 Interest Rate 12 Risk Management 16 Unitized Investment Funds 17 FINANCIAL STATEMENTS 19 APPENDIX 1 43 Name and Addresses of Trustees 43 APPENDIX 2 44 Name and Addresses of Actuary and Auditor 44 Name and Addresses of Administrator and Investment Manager 44 REMINDER TO OUR MEMBERS 45 NOTES 46
Table Contents
and
9 Contributions 9
Net
2 AT A GLANCE 3 CHAIRMAN’S REPORT 4 BOARD OF TRUSTEES REPORT 6 Governance Activities 6 Actuarial Valuation Summary 7 Valuation Results 7 Recommendations 8
Assets Available for Benefits 9
Operations Performance of the Scheme Relative to Targets
of
Net
At a Glance
3
Chairman’s Report
4
5
Board of Trustees Report
6
7
8
9
10
11
12
13
14
15
16
17
18
19 “Sow while you earn…Reap when you retire…”
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21 23 to 42
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23 23 to 42 25 to 42
24 25 to 42
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30
31
32
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34
35
36
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38
39
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42
43 Appendix 1
44 Appendix 2
Reminder to Our Members
45
46 Notes
