Each year the Fund publishes an annual letter to provide participants and retirees/beneficiaries a summary of important developments from the past year, as well as useful information about the Fund.
The 2021 Annual Letter has just been published and can be found here.
It includes a foreword from Ms. Rosemarie McClean, Chief Executive of Pension Administration, key facts and figures on the Fund and its operations, an overview of the latest actuarial valuation and the 2020 financial statements, the amendments to the Regulations and Rules effective from 1 January 2021, and the outcome of the 69th Pension Board held in July 2021.
The dedicated section for retirees and beneficiaries starts on page 12 and contains information regarding the annual certificate of entitlement, after service health insurance, cost of living adjustments to the dollar track, as well as information about retirees and beneficiaries’ associations.
A section for participants starts on page 22 and includes information regarding validation, restoration, transfer of pension rights, and the separation process.