A Pension scheme for employees of Aberdeen City Council has seen amassive rise in worth.
The two pension funds operated by the authority have risen by 93%since March 2003 and rose 7% between 2005 and 2006.
The council runs two pension funds, the main one also includingemployees from Aberdeenshire Council, Scottish Water, GrampianPolice, Aberdeen College and other organisations and a separate fundfor employees of the former Passenger Transport Undertaking, whichtransferred to First Aberdeen.
The total value of these funds is now pounds1.8 billion and thereare currently 22,324 monthly pensioners and deferred members and24,907 contributing.
The investments are spread over a wide range of different types togive the maximum returns.
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