Aircrew

The Aircrew Scheme is a defined benefit scheme. The benefits payable by your scheme are guaranteed by the Government.

Each year the Board’s Actuary carries out a review of the scheme to determine an employer contribution rate sufficient to meet the accrued and future liabilities of the scheme. Based on the latest review, completed as at 31 March 2008, the Actuary recommended the employer contribution rate be increased to 280% of contributors’ contributions from 1 April 2009.

The recommendation to maintain the employer contribution rate was endorsed by the Board.

The investment return (after tax and expenses) earned by the scheme for the year ended 31 March 2009 was negative at -13.52%.

How your money is invested

The scheme's asset allocation benchmarks are set by the Board and reviewed regularly. The pie chart shows the scheme’s current asset allocation benchmarks.

Click here to download the scheme documents in PDF format