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Searching for: researcher is "ministry of housing, communities & local government"

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Local government pension scheme funds for England and Wales: 2017 to 2018
Local government pension scheme funds for England and Wales
Ministry of Housing, Communities & Local Government
17 Oct 2018 United Kingdom Funding and Minimum Funding Requirement, Investment - General, Local Government, Scheme Issues & Trends
The Ministry of Housing, Communities & Local Government has published a statistical release relating to the Local Government Pension Scheme (LGPS) funds in England and Wales for the year 2017-18. According to the release, at the end of March 2018 the LGPS in England and Wales encompassed 5.8 million people, of which 2.0 million are employees currently making contributions to the scheme, 1.7 million are pensioners and 2.1 million are former employees who are entitled to a pension from the LGPS at some point in the future. The statistics have also revealed that total LGPS income in England and Wales in 2017-18 was 17.4bn, which is a like-for-like increase of 21.4% on 2016-17. This increase is mainly due to a rise in employer contributions, which were 27.7% higher in 2017-18 than in 2016-17.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.


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