The Local Government Pension Scheme (LGPS) and stock markets
There’s has been a lot of disturbing news lately about the fall in stock markets and the potential impact on defined contribution pensions.
LGPS defined benefit pensions are not linked to stock market performance and are set out in statute.
Although short term investment values may vary, the LGPS as a long-term investor is securely managed to address any longer term impacts.
LGPS members can be assured that both their contributions and their pension, whether already being paid or built up to date, will be unaffected.
Please visit our COVID-19 – important information page for details on how to contact the pension scheme during this time.