Administering authorities of the Local Government Pension Scheme (LGPS) are required to prepare and publish a Funding Strategy Statement (FSS). The statement sets out how the Fund plans to meet its long-term liabilities, manage funding risks and maintain an appropriate level of employer contributions.
As LGPS benefits are guaranteed by statute, the FSS provides a framework for long-term financial planning and helps ensure transparency and accountability in the management of the Fund.
You can view the latest statement below or browse previous versions in the archive section.
Current Statement
The Funding Strategy Statement sets out how the Fund manages its long-term funding position and ensures that sufficient resources are available to pay members' pension benefits.
Previous Statements