Publication

60-second summary - Local Authority contribution rates at the 2025 valuation

calendar icon 29 April 2025
time icon 5 min

Author

Robert Bilton
Opens in new window

Robert Bilton

Head of LGPS Actuarial

The LGPS enters the 2025 valuations in a position of funding strength.

However, uncertainty in the economic, demographic and political environment means it's been difficult to draw conclusions about what may happen to contribution rates at the 2025 valuation. To help complete the picture, we now have the provisional employer contribution rates for local authorities from a number of LGPS funds we advise.

In this publication, we cover decision making in three key areas:

  • Investment strategy: increase, decrease or keep investment risk the same?

  • Prudence levels: change levels to reflect the current uncertainty in the wider environment? 

  • Contribution rates: how do you balance employer affordability, longer-term stability, solvency, intergenerational fairness, financial market uncertainty and potential local government reorganisations.

Download

If you have any questions, or would like to discuss anything further, please get in touch.

 

 

Sign up for our newsletter

We pride ourselves on being thought leaders and are constantly discussing the many issues facing and shaping our industry. Sign up to find our current thinking on topical issues.

Opens in new window Subscribe
  • Latest industry news

  • First access to upcoming events

  • Content tailored to your interests

  • Access to exclusive content

Opens in new window Subscribe