The cost of employers' contributions is determined every three years and set out in the Certificate of Rates and Adjustments, which is produced as part of the triennial valuation. The valuation is conducted by our actuary following consultation with us and employers. At present, the average contribution rate is around 19% of salary. Rates for each employer are set out in our Actuarial Valuation Report - Lothian Pension Fund 2005 Actuarial Valuation [PDF].