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31 March 2025 will see the latest valuation carried out for the 87 Local Government Pension Schemes (LGPS) across England and Wales.  The outcome of the valuation will set your contribution rates from 1 April 2026 for the next three years.

Market changes since the last LGPS valuation in 2022 have led to significant improvements in LGPS funding positions, which for many should mean LGPS surpluses and reductions to the cost of building up future pension benefits. 

However, there will be a range of outcomes across different LGPS funds, with some funds seeking to maintain current contribution levels for employers or propose modest reductions.

Isio’s specialist knowledge, insight and experience can help you to understand and engage in the 2025 LGPS valuation process to secure a better valuation outcome.

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Our Services

Isio brings together actuarial, investment and covenant expertise and LGPS experience to help organisations get the best outcome for the 2025 LGPS valuation.

We provide support to a range of clients, including councils, academies, charities, housing associations, universities and contractors.

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Get in touch

If you’d like to discuss further, please get in touch with Steve.