Agenda item

Triennial Valuation Update


The Head of Pensions (LGPS) reminded Members of the update in terms of valuation rates and new employer rates as discussed at the Annual Meeting, coming into effect from 1 April 2023.  He noted the next step would be for the Committee to receive a report at its meeting in March 2023 in terms of its Funding Strategy Statement.  He added that once agreed that would be published and kept up-to-date.




That the verbal update be noted.