Local government pension scheme funds: 2015-16 England

Document type
Other
Corporate author(s)
Great Britain. Department for Communities and Local Government
Publisher
Dept. for Communities and Local Government
Date of publication
26 October 2016
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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This release provides information on Local Government Pension Scheme funds in England

Key points include:

  • Total Local Government Pension Scheme expenditure in England in 2015-16 was £10.0 billion.
  • Total Local Government Pension Scheme income in England in 2015-16 was £12.4 billion.
  • Employers’ contributions to the Local Government Pension Scheme in 2015-16 amounted to £6.6 billion and employees’ contributions to the scheme were £2.0 billion.
  • The market value of the Local Government Pension Scheme funds in England at the end of March 2016 was just over £200 billion.

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