Source · Select Committees · Public Accounts Committee
Recommendation 18
18
The employer contribution rate is next due to be implemented in 2024, where it may...
Conclusion
The employer contribution rate is next due to be implemented in 2024, where it may change again. Both the SCAPE discount rate—which is a key assumption used to help set the employer contribution rate and drove the 2019–20 increase in employers contributions—and its methodology will be reviewed prior to 2024.40 Impact on employees
Government Response
A response document is linked to this report, dated 2 September 2021. Response attribution to this conclusion has not been verified. Read the response document ↗