LGPS funding levels reach high of 109% following rise in gilt yields

Isio said funds were 109% funded at the end of April, 11 months ahead of the next actuarial valuation

Holly Roach
clock • 2 min read
LGPS funding levels reach high of 109% following rise in gilt yields

Local Government Pension Scheme (LGPS) funding levels have reached the highest reported month end following a rise in gilt yields, partially offset by small reductions in asset values, according to Isio.

The consultancy's Low Risk Funding Index revealed during the month to 30 April, LGPS funding levels rose to 109% from 106% the month prior. This compares to a funding level of 67% at the time of th...

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