Actuarial valuations take place every three years in line with the Local Government Pension Scheme Regulations. The most recent valuation was as at 31 March 2022. Bedfordshire Pension Fund's appointed actuary was Hymans Robertson up to 31 August 2018 and from 1 September 2018 the actuary is Barnett Waddingham. 

 

The main purposes of valuations are (a) to assess whether the funds in hand are sufficient to meet the funding target and (b) to assess the contributions required to provide for the benefits, taking account of the assets held. The contributions are designed to enable the funding target to be reached over the remaining working lifetime of pensionable employees.

 

Documents for Valuation 2022

 

2022 Valuation Report (PDF 1MB)

Funding Strategy Statement (PDF 329KB)

 

 

Documents for Valuation 2019

 

2019 Valuation Report (PDF 1.9MB)

Funding Strategy Statement (PDF 545KB)

 

 

Documents for Valuation 2016

 

2016 Valuation Report (PDF 1.4MB)

Funding Strategy Statement (PDF 487KB)

  

If you would like information on valuations before 2016, please contact Bedfordshire Pension Fund.