How we run The Fund

Valuations

Every three years the Fund's actuary is required to perform a valuation to review each employer's funding position and determine the required level of employer contribution rates. The next valuation is in 2025, where the actuaries will determine the required employer contribution rates from 1^st April 2026. The contributions rates will ensure that the Fund and its employers have sufficient assets to meet their liabilities. More details can be found on our Triennial valuations page.