Home > News > 2005 > April 2005 > Local Government Transfer Value Statistics 1998 - 2002
Local Government Transfer Value Statistics 1998 - 2002
The calculation of the terms of transfer for individual members should be in accordance with the tables and instructions supplied by the Office of the Deputy Prime Minister. The Adjustment for Market Conditions (AMC) used in the calculations should be based upon the appropriate figure from the table below.
With effect from January 1999, the index used to derive the figure in the table changed from the FT-SE Actuaries index of British Government Index-Linked stocks over 5 years duration (5% inflation) to (0% inflation). These figures are therefore based on the FT-SE Actuaries index of British Government Index-Linked stocks over 5 year duration (5% inflation).
FT-SE Actuaries index of British Government Index-Linked Stocks over 5 years duration (5% inflation).
| First Working day |
1998 |
1999 |
2000 |
2001 |
2002 |
| January |
3.02 |
2.12 |
2.06 |
2.12 |
2.50 |
| February |
3.06 |
2.08 |
2.21 |
2.14 |
2.49 |
| March |
2.98 |
2.10 |
2.09 |
2.12 |
2.51 |
| April |
2.85 |
2.00* |
2.05 |
2.46 |
2.46 |
| May |
2.79 |
2.06 |
2.08 |
2.70 |
2.51 |
| June |
2.63 |
2.06 |
2.10 |
2.67 |
2.46 |
| July |
2.63 |
2.10 |
2.04 |
2.63 |
2.38 |
| August |
2.57 |
2.17 |
2.18 |
2.51 |
2.49 |
| September |
2.42 |
2.37 |
2.20 |
2.33 |
2.22 |
| October |
2.40 |
2.35 |
2.23 |
2.60 |
2.25 |
| November |
2.43 |
2.15 |
2.24 |
2.30 |
2.38 |
| December |
2.20 |
2.05 |
2.08 |
2.35 |
2.50 |
*The actual yield for April 1999 was 1.93%. In accordance with the guidance set out in Brian Town's letter of 13 January 1999 to the POG Chairman 2.00% should be used.
For details of more recent and other historical statistics follow this link.
If you require further details on the compilation of the above, please contact Chris Chadwick at our Cheltenham Office.