Can you tell me how much money or assets have been transferred from TfL to the SWF & TBF since 2005?

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TfL Ref: FOI-1503-1920

Thank you for your request received by Transport for London (TfL) on 19 August 2019 asking for information about expenditure.

Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy.  I can confirm we do hold the information you require. You asked:

Can you tell me how much money or assets have been transferred from TfL to the SWF & TBF since 2005?

The London Transport Staff Welfare Fund was handed over to Transport Benevolent Fund (TBF) to administer on 1 September 2006 along with all its assets, with an initial valuation of £794k. This money may be used in accordance with their Trust Deed to relieve need, hardship and distress among beneficiaries (who do not need to be TBF members), but only among the classes of employee and ex-employee specified by Transport for London. All assets and accounts are kept separately to those of the main fund.

If this is not the information you are looking for, or if you are unable to access it for some reason, please do not hesitate to contact me.

Please see the attached information sheet for details of your right to appeal as well as information on copyright and what to do if you would like to re-use any of the information we have disclosed.

Yours sincerely

Eva Hextall

FOI Case Officer

FOI Case Management Team

General Counsel

Transport for London

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