A valuation is essentially a ‘health-check’ which takes place every three years to assess the funding level of the Scheme.

It checks whether there will be enough funds to pay the pension benefits that members have already built up.

The results of the valuation – and any actions to be taken as a result of it – must be agreed between the Trustee and E.ON. We hope to be able to share the results of the valuation with you early in 2022.