Your Past Is Your Future BUS FUND November 2013 Issue 15

YOUR PAST is Your Future November 2013 Issue 15 South Yorkshire’s own newsletter for members with Preserved Benefits BENEFITS Increase by 2.2% from 8th April 2013 2.2% Welcome ... to Your Past Is Your Future newsletter. Here is a list of the articles that you can find in this issue.... Page 2 • Beware of Pension Liberation Fraud Page 3 Your Preserved Benefit is reviewed each April so that it keeps pace with the cost of living. The amount of Pensions Increase is based on an index specified by the Government and is based on the change in the Consumer Price Index in the 12 month period up to the end of the previous September. The increase of 2.2% has been applied to Preserved Benefits from 8th April this year. 2.2% • Customer Service Excellence Review • New Office for District Staff • Review of 2012/2013 Did you leave the Scheme after 22nd April 2012? 240 0 220 0 Introduction 200 0 180 0 160 0 0 2,161 0 Pages 4 - 5 400 0 • Review of 2012/2013 2,146 0 200 2,190 2,175 140 120 100 1,184 800 600 2,203 533 466 200 9 2 1,253 1,305 1,355 526 1,393 511 411 010 20 488 359 11 2 8 012 Membership/Customer Service/Fund Statistics Pages 6 - 7 461 31 29 20 2 13 • Investment Report 2012/2013 Introduction/10 Year Annualised Figures/Fund Account 20122013/Fund Performance/ Asset Allocation UK Equities 16.3% Corporate Bonds 13.8% Page 8 • We Are Here to Help • Pension Puzzler Index-Linked Gilts 36.4% International Equities 26.8% If you did, you don’t get the full increase this year. You’ll start to get the full increases from next year. See the table on page 2 for details >>