The fourth in our successful series of LGPS panel debates focuses on the key issues likely to emerge from the 31 March 2022 actuarial valuation for English and Welsh LGPS Funds.
Whilst strong investment returns have pushed up funding levels, the impact of the lower economic growth and inflation outlook will put pressure on investment return requirements. This in turn will lead to a range of experiences for different kinds of employers and dealing with surplus will be a unique experience for many Funds.
The 2022 valuations will be by no means straight forward given the big picture that needs to be considered. Our panel of experts share their experiences and thoughts on the following key areas:
UK Local Government Pension Scheme Funds (LGPS)
All pension fund personnel
Head of Clwyd Pension Fund
Clwyd Pension Fund
Senior LGPS Actuary
Assistant Director, Pensions
West Midlands Pension Fund
Head of LGPS Actuarial