Public Service pensions: 2016 actuarial valuation reports
Published 15 July 2020
© Crown copyright 2020
This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.
This publication is available at https://www.gov.uk/government/publications/public-service-pensions-2016-actuarial-valuation-reports/public-service-pensions-2016-actuarial-valuation-reports
Please use the links in the table below to see the relevant valuation report.
| Scheme | UK | GB | England & Wales | England | Scotland | Wales | Northern Ireland |
|---|---|---|---|---|---|---|---|
| Armed forces | Reports | ||||||
| Judges | Reports | ||||||
| Civil service | Reports | Reports | |||||
| Health | Reports | Reports | Reports | ||||
| Local government | Reports | See notes | See notes |
||||
| Police | Reports | Reports | Reports | ||||
| Teachers | Reports | Reports | Reports | ||||
| Firefighters | Reports | Reports | Reports | Reports |
Notes
These valuation reports have been prepared under the HM Treasury (HMT) directions amended on 14 February 2019, and the Department of Finance (DoF) made corresponding directions for Northern Ireland on 6 March 2019. For the unfunded pension schemes these valuations informed the contribution rates to be paid into the schemes by employers between, in general, 1 April 2019 and 31 March 2023.
No GAD valuation reports were prepared for the 3 Local Government Pension Schemes (LGPS) under either the HMT or DoF directions referenced above. For the LGPS in England and Wales only, GAD advice on assumptions and a report on membership data are currently available at the link above.
The limited reports for the funded LGPS in England and Wales, Scotland and Northern Ireland reflect that employer contributions are set in local fund valuations, not by the GAD valuation under either the HMT or DoF directions. The GAD scheme level cost management valuations of these three schemes were paused by the UK government announcement on 30 January 2019 alongside that element of the unfunded pension scheme valuations.
Some of the GAD valuation reports are held outside of gov.uk, and while the links work as at July 2020, we cannot guarantee that this will remain the case in the future.