LGPS funding reaches 146% after 'dramatic' five-year increase

First Actuarial survey shows funding has increased from 83% in 2020 to 146% in 2025

Holly Roach
clock • 1 min read
LGPS funding reaches 146% after 'dramatic' five-year increase

Local Government Pension Scheme (LGPS) funding has hit 146%, according to First Actuarial.

The organisation's survey – which covers housing associations' FRS 102 financial reporting returns – revealed a "dramatic" increase in LGPS funding over the last five years, since its survey began,...

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