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The Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC) was established by the Government in April 1950 to operate a pension scheme for the local councils and other similar bodies in Northern Ireland. The pension scheme is a defined benefit pension scheme. NILGOSC is the corporate body responsible for the administration of the Scheme and is a non-departmental public body, sponsored by the Department for Communities (Northern Ireland Executive).
Uncalled committments to primary funds (e.g Infrastructure) are not held separately to other assets until drawn down and will therefore be reflected in the breakdown of the other asset classes.