Issue - decisions

2019 Valuation process and timetable

19/08/2019 - 2019 Valuation process and timetable

The Head of Fund presented a report on the current triennial valuation timetable to achieve the setting of new employer contribution rates to take effect from the 1st April, 2020. It was noted that following the consultations the actuary's would provide an update to the Committee in November 2019 with a final report in March 2020, together with the updated Funding Strategy Statement and the new Investment Strategy Statement.

 

Resolved: That the timetable for the 2019 actuarial valuation, as set out in the report presented, is noted.