Cashflows

We’ll collate all the cashflows to produce your accounting reports. This includes:

• contributions
• deficit repayments
• early retirement costs
• unfunded benefits.

You can choose to review and approve these figures if you wish.

Membership totals and other benefit payment cashflows aren’t given to the actuary annually. These are taken from the triennial valuation data and calculated on a roll forward basis to produce the accounting reports. It’s your responsibility to let us know in advance of the production of the reports if there’s been or due to be any major movements in your membership or future cashflows. For example:

• large scale redundancies
• bulk transfers in or out
• pay awards.