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

Buzz: Will the Pensions Commission be able to reach a political consensus?

Buzz: Will the Pensions Commission be able to reach a political consensus?

Pensions Commission, LGPS and TPR annual funding statement

Professional Pensions
clock 11 May 2026 • 1 min read
Member representation does not have to fade away

Member representation does not have to fade away

Daniela Silcock looks at how overseas schemes build the member voice into governance

Daniela Silcock
clock 11 May 2026 • 4 min read
Three-quarters of UK schemes have set a net-zero target

Three-quarters of UK schemes have set a net-zero target

Majority of larger schemes now have credible net-zero strategy but smaller schemes lagging

Martin Richmond
clock 11 May 2026 • 3 min read
Trustpilot