The Local Government Pension Scheme (Scotland) Regulations require each administering authority, after consultation with such persons as they consider appropriate, to prepare, maintain and publish a written statement setting out their funding strategy.

Strathclyde Pension Fund published its first Funding Strategy Statement in March 2006.

The statement is revised at each actuarial valuation.

A draft Funding Strategy Statement which will form the basis of the actuarial valuation of the Fund as at 31 March 2020 has now been published for consultation.

All comments, general or specific, on the draft statement are welcome.

A covering report to the Strathclyde Pension Fund Committee, and slides from our recent Employer Forum provide further details.

Please forward any comments on the draft statement to by close of play on 1st February 2021.