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

Pension Schemes Bill facing 'genuine risk of failure'

Pension Schemes Bill facing 'genuine risk of failure'

Industry says trustees feeling ‘sense of legislative fatigue’

Holly Roach
clock 28 April 2026 • 2 min read
Professional Pensions Live: Three weeks left to register

Professional Pensions Live: Three weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 28 April 2026 • 1 min read
UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

House of Lords urges Commons to ‘consider the matter again’; DWP minister says removing power 'not going to happen'

Holly Roach
clock 28 April 2026 • 2 min read
Trustpilot