Council has sixth highest pension deficit in province

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NEWTOWNABBEY Council has been revealed as having one of the highest pension deficits among Northern Ireland’s local authorities.

Figures revealed by lobby group the Taxpayers’ Alliance show the council has a shortfall of £8.2million, equivalent to £99 for every person in the borough.

In a statement, the council said it was “committed” to paying retirement benefits to staff.

Belfast City Council was found to have the highest deficit at just under £74m, while Moyle District Council had the lowest at £2.2m.

Newtownabbey’s deficit of £8,284,000 was the sixth highest among the 26 local authorities in Northern Ireland.