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Our Funding Strategy Statement (PDF) [841KB] (opens new window) describes how we make sure that over time we can pay all the pensions that are due to our members. 

The statement was revised during the actuarial valuation of the Fund as at 31st March 2023. 

This is a final draft version for approval by the SPF Committee during March 2024.

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

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