National Insurance Fund reports
The Government Actuary’s projections for the National Insurance Fund.
These reports look at the financial implications of changes to National Insurance contribution and benefit rates.
Re-rating and Up-rating report
The Government Actuary reports to Parliament annually on the financial implications of changes to National Insurance contribution and benefit rates.
This report includes short-term projections of the financial position of the National Insurance Fund.
Quinquennial Review
Every 5 years, the Government Actuary reports to Parliament on the projected long-term financial position of the National Insurance Fund.
This report considers the effects of projected demographic changes, and other factors.
Previous Re-rating and Up-rating reports
Updates to this page
Last updated 16 January 2024 + show all updates
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Latest Report to Parliament on the 2024 re-rating and up-rating orders published.
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Latest Report to Parliament on the 2023 re-rating and up-rating orders published.
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Latest Government Actuary’s Quinquennial Review of the National Insurance Fund as at April 2020 now published.
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2022 up-rating report added
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Report to Parliament on the 2021 re-rating and up-rating orders has been added to the collection page.
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Report to Parliament on the 2019 re-rating and up-rating orders added to collection page
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Government Actuary's Quinquennial Review 2015 added to collection document
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2017 re-rating & up-rating orders added to collection document.
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Report to Parliament on the 2015 re-rating and up-rating orders added to collection
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Government Actuary's Quinquennial Review of the National Insurance Fund as at April 2010 added
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2014 re-rating and up-rating orders added to the collection.
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First published.