Local Government Pension Scheme (LGPS) administering authorities are required to prepare and publish a Funding Strategy Statement (FSS).
LGPS benefits are guaranteed by statute and thereby the pensions promise is secure. The FSS addresses the issue of managing the need to fund those benefits over the long term, whilst at the same time facilitating scrutiny and accountability through improved transparency and disclosure. It also provides LGPS administering authorities with a statutory framework within which to manage their Funds’ long-term pension liabilities going forward.
Copies of the FSS
Please click the links below for copies of the statement:
Funding Strategy Statement 2020
Funding Strategy Statement 2017
Funding Strategy Statement 2014
Funding Strategy Statement 2011