Notice proposing modifications to the Pension Regulatory Instructions and Guidance

Publication type:
Consultation
Publication date:
Last updated:
Closed date:
Status:
Closed (with decision)
Topic:
Electricity transmission,
Gas transmission,
Gas distribution,
Electricity distribution
Show all updates
This consultation has concluded

Details of outcome 

We have taken the decision to update the Pensions Regulatory Instructions and Guidance (RIGs).

This decision follows our statutory consultation on these proposed changes that opened on 22 May 2026 and closed on 20 June 2026.

We received six responses to the consultation. We are publishing non-confidential responses alongside the decision. A summary of the issues raised by respondents and our responses is set out in the issues log.

Read the full outcome

Modifying the Pensions Regulatory Instructions and Guidance: decision [PDF, 182.44KB]
Modifying the Pensions Regulatory Instructions and Guidance: consultation responses [ZIP, 1.20MB]
Pensions Regulatory Instructions and Guidance: changes from consultation [PDF, 730.82KB]
Pensions reporting pack template: changes from consultation [XLSX, 248.69KB]
2026 Pensions Reasonableness Review questionnaire: changes from consultation [PDF, 147.46KB]
Pensions Regulatory Instructions and Guidance: issues log [XLSX, 55.41KB]

Original consultation

Consultation description 

We propose to make modifications to Network Operator's Price Control Pension Costs - Regulatory Instructions and Guidance ("the Pension RIGs"). 

These proposed modifications are largely made for the purposes of clarifying the existing reporting requirements and include general updates to input data and parameters in advance of the 2026 Pensions Reasonableness Review. 

Who should respond 

We are looking for responses from:

  • Industry: Networks

All updates

3 July added decision document, consultation responses, and documents changed from consultation.