Every three years, the Scheme’s actuary undertakes a review to determine each employer’s contribution rate for the following three years. The majority of employers have a percentage contribution rate and some have additional deficit recovery contributions. The percentage contributions for employers in the main group for the following three years are:
| Year | Contribution Rate |
|---|---|
| 2023/24 | 19.0% |
| 2024/25 | 19.0% |
| 2025/26 | 19.0% |
The employers’ contribution rates are set out on pages 46-53 of the valuation report as at 31 March 2022, available in the ‘Downloads’ box below.