The original funding was provided by Transport for London. The level of benefits available is largely determined by investment returns.
SWF may help someone if they:
All grants are made at the discretion of the TBF trustees.
There is no maximum grant, but TBF has to ensure that the available money is distributed fairly.
At the discretion of the TBF trustees, loans may be granted to active staff, for repayment through the payroll. They are not available to pensioners.
SWF can't help with nursing or care home fees because this would be longer-term help. It can only provide one-off help to relieve short-term need, hardship or distress.
You can still apply to SWF if you weren't in TBF but it's important to remember that it does not provide identical benefits to TBF and funding is dependent on investment performance.
Enquiries should be directed to the Transport Benevolent Fund:
New Loom House
101 Back Church Lane
Telephone: 0300 333 2000
It is helpful to quote either your pension reference number or your employee number when you write or telephone.