Agenda item

Pension Fund Deficit – providing clarity as to the position in respect of the City of London Corporation’s Pension Fund deficit.

15 December 2015

(B) City of London Corporation Pension Fund Deficit

At the Court of Common Council meeting on 15 October 2015, Honourable Members asked questions regarding the Pension Fund deficit. It was agreed that the Finance Committee would provide a report on this matter to the Court to clarify the position; this paper had consequently been submitted to explain the position.

It was recommended that the Court receive the report.

Resolved – That the report be received.