The aggregate s179 funding ratio improved by 10.3 percentage points over the year to 31 March 2022 to a record high of 113.1 per cent.
The gradual trend of schemes already closed to new members also closing to new benefit accrual has continued, with this status now covering more than 50 per cent of schemes for the first time (51 per cent).
The best funded schemes were the smallest, with an aggregate s179 funding ratio of 119.2 per cent for schemes with fewer than 100 members.
A maximum of five datasets can be plotted to the chart at a time. If you select a sixth one, the first dataset you selected will be replaced.