Administration 27: Mutual Fund 2016/17

The Mutual Fund Premium Calculator is now available online via the Mutual Fund website. The Mutual Fund premium rates will remain the same from 15/6 to 16/7.

Please note that all non-maintained schools who wish to join or stay part of the Mutual Fund for 2016/17, are required to complete the online staffing form (as of the January 2016 payroll run); without this information the Mutual Fund Team will not be able to calculate your premium for the coming year.

As ever, if you were not a member of the Mutual Fund in 2015/16 but would like to join, a 7% joining fee will also be incurred.

Should you have any queries or questions, please email the Mutual Fund Team (mutualfund@devon.gov.uk).

2 comments on “Administration 27: Mutual Fund 2016/17

  1. Alison Pollentine says:

    Can you give an indication of whether the second 50% of 2015/16 claims will be paid in full? This will inform our decision about subscription in 2016/17.

    • education.finance says:

      Hi Alison,

      The current projections suggest that we will be paying the second 50% of claims. However, we can only confirm this at the end of the month when we have received and finalised all the claims for the year.

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