An actuarial valuation of Kent Pension Fund (the Fund) is carried out every 3 years. The last valuation was completed by Barnett Waddingham as at 31 March 2019, view the valuation results (PDF, 2.0 MB). This report includes details about
- the methods and assumptions used to evaluate the Fund
- the valuation results
- the employers’ contribution rates and adjustments which are set for the following 3 years
- a comment on the COVID-19 crisis.
The next actuarial valuation is due as at 31 March 2022 with the results effective from 1 April 2023.
On 27 June 2019, the Supreme Court denied the Government’s request for an appeal in the McCloud case in respect of age discrimination and pension protection. Further news will follow once we can confirm the next steps in the process. Further information can be found on the The Local Government Pension Scheme Advisory Board.