Overview

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 that follow explain the Fund’s approach to:

  • managing funding risk
  • the valuation process and
  • the policies and strategies related to this.