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Update on the temporary suspension of cash equivalent transfer value (CETV) calculations

Following the change to the discount rate used for public service pension scheme that HM Treasury announced on 30 March 2023, the factors used to calculate CETVs for members transferring out of the Scheme, and calculating CETVs for divorce purposes changed.

We are now able to recommence the processing of any paused CETV calculations and aim to complete all outstanding cases by 18 August.

If you have recently requested a CETV this will be provided within the normal timeframes.