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

House of Lords votes to remove mandation power from Pension Schemes Bill

House of Lords votes to remove mandation power from Pension Schemes Bill

Lords are examining several amendments to the bill this week in its report stage

Holly Roach
clock 19 March 2026 • 2 min read
PPF publishes 2025 diversity pay gap report

PPF publishes 2025 diversity pay gap report

Lifeboat fund report shows both mean and median gender pay gaps fell

Martin Richmond
clock 19 March 2026 • 2 min read
Bank of England votes unanimously to leave rates unchanged at 3.75%

Bank of England votes unanimously to leave rates unchanged at 3.75%

Widely anticipated by market

Linus Uhlig
clock 19 March 2026 • 5 min read
Trustpilot