Council has sixth highest pension deficit in province

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.