Overview
The LGPS funding and valuation process is vital. It ensures the Fund’s long-term solvency and sustainability so that the Fund has the money needed to pay benefits to members as they fall due. The Fund aims to:
- secure members’ benefits
- keep employer contributions stable and affordable
- manage funding risks.
The sections under the contents above explain the Fund’s approach to:
- managing funding risk
- the valuation process and
- the policies and strategies related to this.
