LGPS valuation 2025

2025 is an LGPS valuation year. We've put together this page to help you understand what this means to you as an employer and why it's important your data is up to date.

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What is the purpose of the 2025 valuation?

The purpose of the valuation is to assess the financial position of the LGPS and its employers. Actuaries use the data provided by scheme administrators to project how much money is required. They then set out the pension contribution rates for the next three years.

This year’s valuation will set employer contribution rates for 1 April 2026 through to 31 March 2029

What do you (employers) need to do?

Your pension contribution payments are based on your member records, so it’s important that the information we hold about your members is correct and up to date. Any data that is missing or inaccurate will affect the actuary’s calculation of employer liabilities, which could ultimately increase your contribution rates.

If any information is supplied to the actuaries with errors, they will always adopt a worst-case scenario approach and err on the side of caution. So, please take a moment to check your member records are up to date and any outstanding queries have been actioned.

What are the top 5 actions you need to take?

Resolve your outstanding queries today

The top five queries that are likely to impact this year’s valuation are outlined below. Information on how to resolve them can be found within the process itself or in our UPM employer portal page.

Missing member queries

Pending leaver queries

Missing joiner information required

Query 5.21 (surname on file does not match name on member record)

Zero pay on return (main scheme member) 5.4

Click on each of the steps below to resolve your outstanding queries 

Navigate to your work feed on the UPM employer portal and select your employer name. 

Review your pending leaver queries and send us the leaver forms for those members (which have queries marked against them). 

Confirm you have completed each task by responding to each pending leaver query. 

For more information on the leaver process, visit our Guide to Leavers web page. 

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