Social Housing Pension Scheme deficit falls by 55%

Scheme’s 2023 valuation reveals deficit fell from £1,560m to £690m as at September 2023

Martin Richmond
clock • 2 min read
Social Housing Pension Scheme deficit falls by 55%

The Social Housing Pension Scheme (SHPS) has published its 2023 actuarial valuation in which it revealed its deficit has fallen by 55%.

The valuation for the multi-employer scheme, which provides the pensions for more than 65,000 members from over 500 housing organisations, showed the scheme's funding position had "improved signifi...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK inflation rises to 3.8% in July and poses further challenges to BoE

UK inflation rises to 3.8% in July and poses further challenges to BoE

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
News Digest: James Kirkup - Kill the single state pension age

News Digest: James Kirkup - Kill the single state pension age

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 August 2025 • 1 min read
Pensions UK: Jargon relived… The need to speak the language of the saving population

Pensions UK: Jargon relived… The need to speak the language of the saving population

Dirk Paterson urges the industry not to ‘languish in the luxury of familiar phraseology’

Dirk Paterson
clock 20 August 2025 • 4 min read
Trustpilot