Our Frequently Asked Questions below will help you answer many of your common questions about Valuation.

Every four years, the Government Actuary’s Department carries out a valuation of all unfunded public service pension schemes, including the Teachers’ Pension Scheme.

The outcome of the valuation of the Teachers' Pension Scheme has now been published based upon 2020 data. For more information read our factsheet (PDF, 56 KB) (This link opens in a new window) and assumptions summary (PDF, 221 KB) (This link opens in a new window).

Please find the reports listed below:

• Actuarial valuation as at 31 March 2020 - Report on Membership Data (PDF, 1 MB) (This link opens in a new window)
• Actuarial valuation as at 31 March 2020 - Advice on Assumptions (PDF, 1 MB) (This link opens in a new window)
• Actuarial valuation as at 31 March 2020 - Valuation Results (PDF, 2 MB) (This link opens in a new window)