§ Mr. GibbTo ask the Secretary of State for the Environment, Transport and the Regions what plans his Department has to change the basis of actuarial assumption in the valuation of local authority pension funds. [34359]
§ Mr. RaynsfordMy Department has no responsibility under the regulations governing the Local Government Pension Scheme to set actuarial assumptions in connection with the valuation of local authority pension funds. This is a matter for fund actuaries in the context of the triennial valuation exercise for each fund.