Decision

Valuation 2025 Key Parameters and Contribution rates

Decision Maker: Pension Fund Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 23, 2026

Purpose: A report to provide additional information on possible alternative key parameters to be used in the funding strategy and the impact on Scheme Employer contribution rates

Content:

Supporting Documents

Valuation 2025 Key Parameters and Contribution rates_v6.pdf
Appendix A Engagement Activities.pdf
Appendix B Mercers Report_v2.pdf
Appendix C Contribution Rate Risk Matrix.pdf
Appendix D Acronyms.pdf