2024 Valuation - Civil Service Pension Scheme
The Government Actuary's Department has completed a valuation of the Civil Service Pension Scheme as at 31 March 2024
Documents
Summary
PDF, 873 KB, 4 pages
Overview
PDF, 933 KB, 9 pages
Approach
PDF, 1.09 MB, 32 pages
Data
PDF, 1.19 MB, 34 pages
Assumptions
PDF, 1.67 MB, 55 pages
Results
PDF, 1.1 MB, 33 pages
Climate Risk
PDF, 10.8 MB, 18 pages
Glossary
PDF, 1020 KB, 12 pages
Details
At the request of the Minister for the Civil Service, the Government Actuary’s Department carried out an actuarial valuation of the Civil Service Pension Scheme as at 31 March 2024. The valuation has been undertaken in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2023 as amended by The Public Service Pensions (Valuations and Employer Cost Cap) (Amendment) Directions 2026, which specify certain assumptions and require other assumptions to be the Minister for the Civil Service’s best estimates.
See also: Public Service pensions: 2020 actuarial valuation reports.