Strong LGPS funding could mean lower 'stable' contribution rates

Isio’s Low-Risk Funding Index finds LGPS funding remained at 112% in Q3, with a £44bn surplus

Jasmine Urquhart
clock • 2 min read
Strong LGPS funding could mean lower 'stable' contribution rates

The strong Local Government Pension Scheme (LGPS) funding levels could mean setting a lower “stable contribution rate”, according to Isio.

The firm's Low-Risk Funding Index measured Q3 funding levels at 112%, with a £44bn surplus, while 69 of the 87 participating funds were recorded as being fully or over-funded (up to 168%). The i...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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