LGPS 101% funded on a low-risk basis

Isio index finds LGPS still fully funded, despite drop from 108% in October 2023

Jasmine Urquhart
clock • 1 min read
Isio says the LGPS is still fully funded on a low risk basis
Image:

Isio says the LGPS is still fully funded on a low risk basis

The aggregate funding level of the Local Government Pension Scheme (LGPS) was measured at 101% at the end of last year, Isio analysis finds.

The consultancy's Low Risk Funding Index measured the individual funding levels of the 87 participating funds at 31 December 2023, and found a fall in gilt yields and rise in inflation at the end o...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 11 March 2025 • 1 min read
Tender Watch: WYPF reappoints Aon for actuarial advice

Tender Watch: WYPF reappoints Aon for actuarial advice

Firm has provided LGPS fund with actuarial services since 2009

Professional Pensions
clock 27 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Trustpilot