GovWire

At the request of the Minister for the Civil Service, the Government Actuarys Department carried out an actuarial valuation of the Civil Service Pension Scheme as at 31 March 2020. The valuation has been undertaken in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2023, which specify certain assumptions and require other assumptions to be the Minister for the Civil Services best estimates.

See also: Public Service pensions: 2016 actuarial valuation reports.