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SAB ‘welcomes’ contribution cuts as LGPS funding level rises to 122%

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The Scheme Advisory Board (SAB) is embracing cuts to employer contribution rates as the LGPS reports average funding levels have risen to 122%.

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The Scheme Advisory Board (SAB) is embracing cuts to employer contribution rates as the LGPS reports average funding levels have risen to 122%. The

Mandy Kaur-Sadler, the recently appointed independent person to the West Midlands Pension Fund and Worcestershire Pension Fund, shares her expectations for the new statutory oversight role.

(Mandy Kaur-Sadler, the independent person to the West Midlands Pension Fund and Worcestershire Pension Fund)