Every three years the Teesside Pension Fund has its triennial healthcheck known as the Valuation.
Much like you may compare the level of your income and savings against the cost of living, housing etc the Fund has to check that it has enough assets to pay out benefits as and when they fall due.
The financial status of the Teesside Pension Fund is excellent, particularly when you consider the ups and downs of financial markets from 2008.
Some of the detail within these reports can be a little heavy going and you may wish to view the Annual Report & Accounts in conjunction with these reports.
Copies of the last three valuation reports can be viewed below.