{
  "url": "https://openlegislation.uk/public-service-pensions-act-2013/section-11",
  "json_url": "https://openlegislation.uk/public-service-pensions-act-2013/section-11.json",
  "legislation": "ukpga/2013/25",
  "legislation_title": "Public Service Pensions Act 2013",
  "legislation_url": "https://openlegislation.uk/public-service-pensions-act-2013",
  "path": "section/11",
  "kind": "section",
  "number": "11",
  "heading": "Valuations",
  "text": "(1) Scheme regulations for a scheme under section 1 which is a defined benefits scheme must provide for actuarial valuations to be made of—\n(a) the scheme, and\n(b) any statutory pension scheme that is connected with it.\n(1A) Subsection (1) does not apply to a scheme under section 1 if—\n(a) the scheme is connected with another scheme under section 1, and\n(b) actuarial valuations are provided for under subsection (1) in scheme regulations for that other scheme.\n(2) Such a valuation is to be carried out in accordance with Treasury directions.\n(3) Treasury directions under subsection (2) may in particular specify—\n(a) how and when a valuation is to be carried out;\n(b) the time in relation to which a valuation is to be carried out;\n(c) the data, methodology and assumptions to be used in a valuation;\n(d) the matters to be covered by a valuation;\n(e) where a scheme under section 1 and another statutory pension scheme are connected, whether the schemes are to be valued separately or together (and if together, how);\n(f) the period within which any changes to the employer contribution rate under a scheme under section 1 must take effect following a valuation.\n(4) Treasury directions under subsection (2), and variations and revocations of such directions, may only be made after the Treasury has consulted the Government Actuary.\n(5) Scheme regulations for a scheme under section 1 which is not a defined benefits scheme may provide for actuarial valuations to be made of the scheme and any statutory pension scheme that is connected with it; and if they do, subsections (2) to (4) apply.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 11(1A) inserted (10.3.2022 for specified purposes, 1.4.2022 in so far as not already in force) by Public Service Pensions and Judicial Offices Act 2022 (c. 7), ss. 95(5), 131(1)(2)(f)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 11 in force at 1.4.2015 for specified purposes by S.I. 2014/1912, art. 3(1)(2)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 11 in force at 1.4.2015 for specified purposes by S.I. 2015/4, art. 2(1)(2)(e)"
    },
    {
      "type": "I",
      "label": "I3",
      "text": "S. 11(2)-(4) in force at 1.12.2013 for specified purposes by S.I. 2013/2818, art. 4(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/25/section/11",
    "retrieved_at": "2026-10-29T09:08:10.934628+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}