||<p>Valuations of the public service pension schemes are carried out every four years.
The valuations set employer contribution rates to ensure the full costs of pensions
are recognised and met by employers at the point scheme liabilities arise. The last
valuations of the schemes considered the position as at 31 March 2016 and were completed
earlier this year. Employer contribution rates have been set and came into effect
on 1 April 2019. On 19 January the then Chief Secretary to the Treasury made a written
statement (HCWS1286) announcing a pause to the cost control element of the valuations.
The pause was necessary following a court ruling that an element of the reforms made
to schemes in 2015 gave rise to unlawful discrimination. The matter has been remitted
to the Employment Tribunal to determine how the discrimination is to be remedied.
The Government has confirmed that it will take steps to remedy the discrimination
in all public service pension schemes. Until a remedy is agreed it is not possible
to assess the value of the public service pension schemes with any certainty at this