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Expenditure
Illustrated below are the Plan's expenses for the year to 30 September 2009:
| Expenditure | Value |
|---|---|
| Total | £16.4m |
| Benefits paid | £12.4m |
| Transfers out and refunds | £2.5m |
| Administrative expenses | £1.1m |
| Life assurance premium | £0.4m |
| Summary | Value |
|---|---|
| Increase in Plan value | £57.0m |
| Income | £73.4m |
| Expenditure | £16.4m |
