Under pension regulations, the Fund Actuary must conduct a valuation of the Cornwall Pension Fund every three years.
This is known as a triennial valuation.
Cornwall Pension Fund's actuary is Hymans Robertson.
The purpose of the actuarial valuation is for the Fund to determine:
- the expected cost of providing the benefits built up by members at the valuation date. This is known as the “liabilities”;
- compare this against the funds held by the Fund (known as the "assets");
- an appropriate plan for making up any shortfall (if assets are less than liabilities);
- the contributions needed to cover the cost of benefits that active members will build up in the future; and
- the contributions needed to cover other costs incurred in running the Fund.
Please find below the valuation reports:
Need help?
Most issues can be resolved online, it's the quickest and most convenient way to get help.
Use our contact us form- Cornwall Pension Fund
- Pensioner Payroll Team:
pensionspayroll@cornwall.gov.uk
01872 322322 option 1
Benefits, Member Support Team and general enquiries:
pensions@cornwall.gov.uk
01872 322322 option 2
Data and Employer Team:
employerdata@cornwall.gov.uk
01872 322322 option 3
Investments Team:
pensioninvestments@cornwall.gov.uk
01872 323475