The planning phase of the triennial valuation
of the Lancashire County Pension Fund ('Fund'), which ultimately
determines future levels of employer contributions, is currently in
progress.
The valuation, once complete, will be based on the position of the
Fund as at 31st March 2025. This report sets out the timetable to
achieve the valuation process and setting of new employer
contribution rates.
Decision type: Non-key - Low
Decision status: For Determination
Divisions affected: (All Divisions);
Anticipated restriction: Part I -
Decision due: 6 Dec 2024 by Pension Fund Committee
Lead director: Head of Service Pension Fund Client
Department: Finance and Commerce
Contact: Julie Price Email: Julie.Price5@lancashire.gov.uk.