Our new website

Have you tried our all-new website? A huge redesign in 2024 has made everything brighter, fresher and easier to use. Whatever your area of interest, we think you’ll be able to get the information you need with no messing around. Feedback has been very positive so far and we’re always interested to hear what you think of it. www.wypf.org.uk/ 

2024 LPF fund report

At the end of 2023/24, the value of the fund was £3.4 billion – an increase of £331.3 million from the previous year and a return of 10% on the fund’s investments.

The government's requirement for local government pension funds to pool assets has continued to keep us very busy, with Lincolnshire working closely with the other ten partner funds within Border to Coast Pensions Partnership Ltd. Stewardship and responsible investment are an integral part of the fund's investment strategy and decision making, and the fund works closely with Border to Coast to ensure that it invests in a sustainable way.

For more on all these issues and an easy to digest summary of the full Annual Report and Accounts visit https://www.wypf.org.uk/lpf/lpf-fund-report-2024/

McCloud ruling on age discrimination

When public service pension schemes, including ours, changed from final salary schemes to career average schemes in 2014 and 2015, only older members were protected from the changes. In 2018, the courts found that some younger members had been discriminated against. Very few members are affected by any means. Pensions can only increase and any increases are usually small. You do not need to do anything as we will contact you if you are affected. You can read more about this at https://www.wypf.org.uk/lgps-members/lgps-knowledge-hub/mccloud-remedy/