The Cardiff and vale of Glamorgan Pension Fund valuation take place every three years. A qualified Actuary has access to the Fund’s accounts, assets and liabilities, to ensure that current and future liabilities are funded. Your Employer rate for the next 3 years is set at the valuation.
The next valuation is due on 31 March 2019, and any contribution changes from this valuation will become effective on 1 April 2020.
If you would like further information regarding the valuation or the calculation of your Rate/Past Service Deficit (PSD) payment, please contact us.