£249 million pensions deficit
£249 million pensions deficit buried in agenda appendix Full Council last week received a report that Islington is one of only four councils in the country to be challenged about its pension fund deficit by the Government Actuary Dept. This is a result of them flagging Islington’s situation as ‘amber’ – the 4th worst out of the 87 pension funds they investigated. Green Cllr Caroline Russell said: “This worrying situation was buried […]