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Our Funding Strategy Statement (PDF) [803KB] describes how we make sure that over time we can pay all the pensions that are due to our members. 

This is the final version approved by the SPF Committee during March 2024.

We have published a revised draft statement as part of the 2023 actuarial valuation process. Please send any questions or comments on the draft statement to

Actuarial Valuation Reports detailing our funding position are prepared every 3 years. 



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