Organisation

LGPS

5 stories · 5 councils

Councils are discussing LGPS fund performance, member eligibility, and administrative impacts of legal rulings.

Recent discussions around the Local Government Pension Scheme (LGPS) include Barking and Dagenham's fund value reaching £1.527 billion for the year ending March 2025, placing it among top performers. Separately, Tower Hamlets council members will become eligible to join the LGPS from May 2026, a change approved in March 2026 to align with other UK regions.

The McCloud Remedy continues to impact LGPS administration, with Kensington and Chelsea Pension Scheme members experiencing delays in receiving complete pension statements due to its complications, as discussed by the Pension Board in August 2025. Additionally, Enfield's Pension Policy & Investment Committee assessed the potential ramifications of newly imposed tariffs on its investment portfolio in July 2025.

The Local Government Pension Scheme (LGPS) is a pension scheme for local government employees in the UK. Councils regularly review its performance, investment strategies, and administrative requirements to ensure its long-term sustainability and compliance with regulations.

Key facts

  1. The Barking and Dagenham pension fund's value reached £1.527 billion for the year ending March 31, 2025. Source
  2. Tower Hamlets council members will be eligible to join the Local Government Pension Scheme from May 11, 2026. Source
  3. Tower Hamlets council approved the eligibility for elected members to join LGPS in March 2026. Source
  4. The Kensington and Chelsea Pension Board discussed delaying McCloud Remedy information in annual benefit statements in August 2025. Source
  5. Enfield's Pension Policy & Investment Committee assessed the impact of tariffs on its investment portfolio in July 2025. 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.

Latest stories

  1. Barking and Dagenham Pension Fund Value Surges to £1.5bn, Outperforming Peers The Barking and Dagenham pension fund has seen its value rise to £1.527 billion for the year ending March 31, 2025, marking a 5% increase from the previous year. This growth... Barking and Dagenham 28 March 2026
  2. Tower Hamlets council members to join pension scheme Tower Hamlets council members will soon be eligible to join the Local Government Pension Scheme, a significant change approved at the council's meeting on Wednesday, March 25,... Tower Hamlets 27 March 2026
  3. Council agrees pay policy statement for 2026/27 Southwark Council has formally agreed its Pay Policy Statement for the 2026/27 financial year, detailing the council's approach to senior officer remuneration. Southwark 22 March 2026
  4. Pension Statements Delayed for Some Due to McCloud Remedy Some members of the Kensington and Chelsea Pension Scheme will experience delays in receiving complete pension statements due to complications arising from the McCloud remedy.... Kensington and Chelsea 22 August 2025
  5. Enfield Pension Fund Considers Impact of Tariffs on Investments Enfield's Pension Policy & Investment Committee recently convened to assess the potential ramifications of newly imposed tariffs on the Enfield Pension Fund's investment... Enfield 3 August 2025