Law or policy

Triennial Valuation and Funding Strategy Statement Update

1 story · 1 council

Sutton Pension Fund's latest valuation shows a £117 million surplus, maintaining its 114% funding level.

Sutton Pension Fund's latest Triennial Valuation and Funding Strategy Statement Update, presented in March 2026, reported a £117 million surplus. The fund remains 114% funded, a level unchanged from previous reports. This strong financial position means employer contribution rates have not increased, with many seeing their rates remain the same or decrease.

The Head of Pensions Administration presented this update to a Pension Board meeting in March 2026, noting the healthy surplus provides a buffer against market volatility. The Triennial Valuation and Funding Strategy Statement is a document outlining the valuation and funding strategy of the Sutton Pension Fund, updated every three years.

Key facts

  1. Sutton Pension Fund reported a £117 million surplus in March 2026. Source
  2. The fund is 114% funded, unchanged from previous reports. Source
  3. Employer contribution rates have not increased, with many decreasing. Source
  4. The update was discussed at a Pension Board meeting on 19 March 2026. Source
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 30 September 2026. Spotted a mistake? Email community@opencouncil.network.

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  1. Sutton Pension Fund Surplus Reaches £117 Million, Maintaining Funding Level Sutton Pension Fund has announced a significant surplus of £117 million, maintaining its strong financial position. The fund's latest triennial valuation shows it is 114%... Sutton 22 March 2026