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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Industry

FTSE 350 pension spending now dominated by DC, WTW finds

FTSE 350 pension spending now dominated by DC, WTW finds

Consultancy says pension spending has ‘conclusively’ shifted away from DB

Holly Roach
clock 11 June 2026 • 3 min read
Making trusted transfers easier doesn't mean they are right for members

Making trusted transfers easier doesn't mean they are right for members

Will members be able to understand the value for money implications of switching?

Jonathan Stapleton
clock 11 June 2026 • 3 min read
TPR publishes statement on DB surplus release

TPR publishes statement on DB surplus release

Regulator says trustee independence on decision to release surplus is ‘unaffected’

Martin Richmond
clock 11 June 2026 • 5 min read
Trustpilot