Stock market volatility and the Local Government Pension Scheme

Recent media coverage of stock market volatility and its impact on pension funds is causing widespread concern. 

 

The Local Government Pension Scheme (LGPS) is a statutory scheme. LGPS funds are long-term investors and securely managed to mitigate the effect of short term fluctuations in market values.

 

LGPS members can therefore be assured that both their contributions and their pensions, whether in payment or built up to date, will be unaffected.