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Research and analysis

2024 Valuation - Teachers鈥� Pension Scheme (England and Wales)

The Government Actuary's Department has completed a valuation of the Teachers鈥� Pension Scheme (England and Wales) as at 31 March 2024.

From:
Government Actuary's Department
Published
1 July 2026

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Details

At the request of the Secretary of State for Education, the Government Actuary鈥檚 Department carried out an actuarial valuation of the Teachers鈥� Pension Scheme (England and Wales) as at 31 March 2024. The valuation has been undertaken in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2023 as amended by The Public Service Pensions (Valuations and Employer Cost Cap) (Amendment) Directions 2026, which specify certain assumptions and require other assumptions to be the Secretary of State for Education鈥檚 best estimates.

See also:聽Public Service pensions: 2020 actuarial valuation reports.

Updates to this page

Published 1 July 2026

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