Our annual statements of accounts
Scottish Ministers ask SPPA to prepare and publish a statement of accounts for the Scottish Teachers’ Pension Scheme every year.
The statements (which are audited by Audit Scotland) cover a range of topics including: the scheme’s management, a comparison of expenditure against budget, an actuarial assessment of pension liabilities, the cost of accruing service and income received.
The annual statements are prepared in line with the relevant provision of the Government’s Financial Reporting Manual which also defines the accounting policies and standards. The relevant International Accounting Standards (adapted or interpreted for the public sector) are IAS19: Employee Benefits and IAS 26: Reporting by Retirement Benefit Plans.
Recent accounts statements
Please contact us if you wish to access account statements from previous years.