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<p>Employer contributions in the unfunded public service pension schemes are set following
quadrennial valuations. The current valuations, which assess the schemes as at 31
March 2016, are in the process of being finalised. As I announced in a Written Ministerial
Statement on 6 September 2018, these valuations indicate employers need to pay more
towards the schemes because of changes to the Office for Budget Responsibility’s long-term
GDP growth forecasts, reflected in the SCAPE discount rate. The new employer contribution
rates will take effect in 2019 and will apply for a 4-year period.</p>
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