Infographics: impact of the JNC's decision on employers and members

6 Sep 2019

These infographics quantify the impact of the proposal for concluding the valuation for employers and scheme members, which was decided on by the Joint Negotiating Committee on 22 August 2019. 

They make clear that when the proposed rate is adopted, employers will be paying an extra £250 million per year into the scheme, while the average scheme member stands to save £815 each year compared to what would have been required from April 2020 if the 2018 valuation was not concluded.