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Actuarial Valuations

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 2019. 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 actuarial 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 Actuarial Valuation 2019


2019 Valuation Report (PDF 1.9MB)

Funding Strategy Statement (PDF 545KB)



Documents for Actuarial Valuation 2016


2016 Valuation Report (PDF 1.4MB)

Funding Strategy Statement (PDF 487KB)

Documents for Actuarial Valuation 2013


2013 Valuation Report (PDF 426KB)

Funding Strategy Statement (PDF 270KB)




Previous Actuarial Valuations


Actuarial Valuation as at 31 March 2010 (PDF 641KB)

Actuarial Valuation as at 31 March 2007 (PDF 253KB)

Actuarial Valuation as at 31 March 2004 (PDF 465KB)

Actuarial Valuation as at 31 March 2001  (PDF 855KB)