Although the Police Pension Scheme in Scotland (with pension reforms in 1987, 2006 and 2015) is also a defined benefit scheme, it is by contrast an unfunded scheme (also known as a ‘pay-as-you-go’ pension scheme - no investment fund exists to cover future pension payments). 6 26. In the BTPA Annual Report and Accounts for 2015-16 total staff costs for salar...