Plumbing pension scheme valuation completed as future accrual ceases

Holly Roach
clock • 2 min read

The Plumbing and Mechanical Services (UK) Pension Scheme has completed its 2017 valuation, calculating scheme assets were enough to cover 102% of its liabilities.

The 35,000-member scheme's valuation had been paused while the scheme conducted a consultation process with employers and members on future benefits and contribution rates, and a 2018 funding updat...

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