Notice proposing modifications to the Pension Regulatory Instructions and Guidance
Summary
Ofgem notice proposing modifications to the Pension Regulatory Instructions and Guidance, the framework governing how regulated network companies' pension costs are treated for price-control funding.
Why it matters
Technical adjustment to how pension costs flow into network allowances. Real money over time, but routine instrument maintenance rather than a structural change.
Areas affected
Memo
Notice proposing modifications to the Pension Regulatory Instructions and Guidance | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Notice proposing modifications to the Pension Regulatory Instructions and Guidance Publication type: Consultation Publication date: 22 May 2026 Closing date: 19 June 2026 Status: Open Topic: Electricity transmission, Gas transmission, Gas distribution, Electricity distribution Get emails about this page Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn 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 How to respond Submit your response by 19 June by emailing david.simpson@ofgem.gov.uk . Consultation documents Notice proposing modifications to the Pensions Regulatory Instructions and Guidance (RIGs) [PDF, 166.25KB] Pensions Regulatory Instructions and Guidance Version 4.1 (Clean) [PDF, 776.98KB] Pensions Regulatory Instructions and Guidance Version 4.1 (Tracked Changes) [PDF, 805.41KB] 2026 Pensions Reasonableness Review - Licensee Questionnaire [PDF, 157.04KB] Pensions Reporting Pack Template Version 4.1 [XLSX, 248.84KB] Get emails about this page Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close Notify me Would you like to be kept up to date with Notice proposing modifications to the Pension Regulatory Instructions and Guidance ? subscribe to notifications: Email Submit Close