Research and analysis
2020 Valuation - Armed Forces Pension Scheme
The Government Actuary's Department has completed a valuation of the Armed Forces Pension Scheme as at 31 March 2020.
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The Government Actuary’s Department has carried out an actuarial valuation of the Armed Forces 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 Secretary of State for Defence’s best estimates.
See also: Public Service pensions: 2016 actuarial valuation reports.