Harrow's Pension Fund
Harrow's pension fund is currently scrutinising administration efficiency and addressing a drop in its funding level and investment strategy.
The Harrow Pension Board scrutinised the council's pension fund administration in October 2026, noting a nearly 25% increase in efficiency in the quarter ending September 2026. Despite this, the number of complaints rose, primarily due to delayed responses, a report to the board said. The efficiency gains were attributed to new staff.
The fund's funding level dropped to 100% by March 2026, from 108% at the March 2025 valuation, due to a decrease in the discount rate, a review by the Pension Board found. The Pension Fund Committee was also set to revise its Investment Strategy Statement by September 2026, in line with new government guidance.
In March 2026, the Pension Fund Committee considered Buckinghamshire Pension Fund joining the London Collective Investment Vehicle pool, which Harrow Pension Fund is part of. The committee had also approved a net zero 2050 target for its investment portfolio in September 2025.
Key facts
- The Harrow Pension Board scrutinised the council's pension fund administration on 22 October 2026. Source
- The fund's administration team saw a nearly 25% increase in efficiency in the quarter ending September 2026. Source
- The Harrow Pension Fund's funding level fell to 100% as of March 31, 2026. Source
- The Pension Fund Committee was set to revise its Investment Strategy Statement by September 30, 2026. Source
- The fund reached 108% funded at the triennial valuation in March 2025. Source 1 Source 2
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 23 October 2026. Spotted a mistake? Email community@opencouncil.network.