Research and analysis

2020 Valuation - NHS Pension Scheme (England and Wales)

The Government Actuary's Department has completed a valuation of the NHS Pension Scheme (England and Wales) as at 31 March 2020.

• From: Government Actuary's Department
• Published: 23 April 2024

Documents

Actuarial valuation report as at 31 March 2020

PDF, 2.05 MB, 80 pages

Advice on assumptions

PDF, 1.38 MB, 92 pages

Summary of assumptions

PDF, 197 KB, 5 pages

Report on membership data

PDF, 1.22 MB, 45 pages

Details

At the request of the Secretary of State for Health and Social Care, the Government Actuary’s Department carried out an actuarial valuation of the NHS Pension Scheme (England and Wales) 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 Health and Social Care’s best estimates.

See also: Public Service pensions: 2016 actuarial valuation reports.

Published 23 April 2024