This scheme pays pensions to people who were previously members of the following NPF schemes –
- Aircrew Superannuation Scheme
- Annual Single Premium Scheme
- Farm Workers Scheme
- Level Premium Scheme
- Lump Sum Cash Accumulation Scheme
- Lump Sum National Scheme
- Meat Industry Scheme
- Meat Industry Related Trades Scheme
- Pension National Scheme
- Pension Cash Accumulation Scheme
- Post 60 Scheme
- Ships’ Officers Scheme
- Staff Pension Scheme
The benefits payable by your Scheme are guaranteed by the Government.
The Board has determined that pensions will remain the same.
The investment return (after tax and operating expenses) earned by the Scheme for the year ended 31 March 2020 was -2.00%.
How your money is invested
The scheme's asset allocation strategy is set by the Board and reviewed regularly. In addition, during the year, The Board has applied its Dynamic Asset Allocation (DAA) tilting programme as outlined in the Statement of Investment Policies, Standards and Procedures (SIPSP). The pie charts show the Scheme’s asset allocation strategy effective from 1 October 2018 and the DAA position in place as at 31 March 2020.