Following the availability of AERA charges for 2020, together with the public liability insurance premium distribution, TEERA fees and charges for 2020 are now available.

In October, a summary of the TEERA financial situation was published and views sought from members for consideration in finalising the 2020 fees. There were no views expressed, so the SMC has proceeded with what it considers to be in the best interests of members. The results are available here or from the Forms page of the TEERA web site.

In summary, there are increases in Adult membership fees, the first increase for several years. All half year fees have been increased, recognising that AERA does not discount for part year. TEERA will continue to discount the TEERA share. Event Public Liability and Volunteer Personal Accident insurance was paid by TEERA in 2019. This will not continue into 2020 and rates have increased slightly. AERA charges for Day Rider Public Liability insurance has increased significantly but TEERA has absorbed this increase.

These increases will not offset the expected 2020 cash loss, in the region of $7,500, down from the anticipated $10,000 loss in 2019.

The TEERA fees and charges, incorporating AERA and insurance charges, applying in 2020 are available here.