Helping people find their lives again - RNIB
Helping people find their lives again - RNIB
Helping people find their lives again - RNIB
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
19. Pension costs (continued)<br />
Analysis of charge to the SOFA<br />
2009<br />
£’000<br />
2008<br />
£’000<br />
Current service cost 2,663 3,848<br />
Past service costs – 90<br />
Interest cost 6,377 5,592<br />
Expected return on Scheme assets (7,082) (7,808)<br />
Expense recognised in SOFA 1,958 1,722<br />
The above service cost excludes any <strong>RNIB</strong> contributions paid to the defined contributions section<br />
of the Scheme.<br />
Changes to the present value of the defined benefit obligation during the year<br />
2009<br />
£’000<br />
2008<br />
£’000<br />
Opening defined benefit obligation 92,177 102,930<br />
Current service cost 2,663 3,848<br />
Interest cost 6,377 5,592<br />
Contributions by scheme participants 1,389 1,314<br />
Actuarial losses (gains) on scheme liabilities 2,531 (17,696)<br />
Net benefits paid out (3,580) (3,901)<br />
Past service cost – 90<br />
Closing fair value of scheme<br />
liabilities/obligations<br />
101,557 92,177<br />
66 <strong>RNIB</strong> annual report and accounts 2008/09
Change language