Financial Statements 2018/19


29.Pension Schemes (continued) At Notes


Movement in deficit during the year Deficit at beginning of year


Movement in the year: Contributions or benefits paid by the University Current service costs


Past service cost (including curtailments) Other finance charge


(Loss)/gain recognised in other comprehensive income Deficit at end of year


21


31 July 2019 £’000


At


31 July 2018 £’000


(83,493)


(95,367)


8,133


(11,299) (897)


(2,381) (20,902)


(110,839) Year to


31 July 2019 £’000


Movement in present value of the scheme liabilities Opening present value of the defined benefit obligation


Movement in the year: Current service costs Interest cost


Past service cost (including curtailments) Member contributions (including unfunded pension payments)


Actuarial (gain)/loss arising from changes in financial and demographic assumptions


Other experience loss Estimated benefits paid net of transfers in Present value of liabilities at the end of the year


8,035


(11,775) (137)


(2,625) 18,376


(83,493) Year to


31 July 2018 £’a000


285,605


282,308


11,299 8,092 897


2,169


29,992 –


(6,307) 331,747


11,775 7,725 137


2,145


(11,853) (634)


(5,998) 285,605


100 Middlesex University


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