Valuation update & information for Scheme employers
The Pensions Committee formally approved the Funding Strategy Statement (FSS) on 4 March 2026.
The revised employer contributions rates will come into effect from 1 April 2026. These rates were communicated with employers individually at the end of 2025. The FSS and the 2025 Valuation Report, which includes the Rates & Adjustment certificate setting out Scheme Employer’s contribution rates, will be published by 1 April 2026.