With regard to last week's Comment (20 June, page 5) – William Sutton Trust's final salary pension scheme is in surplus, not deficit.
But because we are transferring administration to the social housing pension scheme, because new employees since 1999 have joined SHPS, and because the SHPS retiring age is 65, we have changed out retirement age to be consistent with SHPS's policy.

Source

Housing Today

Postscript

MR Morris, chief executive, William Sutton Trust, Hertfordshire