LGPS funding 'remains strong' at 145%

Isio Low-Risk Funding Index shows total surplus of £148bn at end of Q4 2025

Jasmine Urquhart
clock • 1 min read
LGPS funding 'remains strong' at 145%

Local Government Pension Scheme (LGPS) funding has “remained strong” at 145%, decreasing two percentage points from the previous quarter, according to Isio.

The consultancy's Low-Risk Funding Index for the end of Q4 2025 showed funding levels were around 20% higher than the last actuarial valuation date of March 2025. It also found a "quarter-end hi...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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