GovWire

The Government Actuarys 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 thePublic Service Pensions (Valuations and Employer Cost Cap) Directions 2023 which specify certain assumptions and require other assumptions to be the Secretary of State for Defences best estimates.

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