Authority Actuary Valuation Report 2016 Assets (£m) Liabilities (£m) Funding level
Avon Mercer Avon — 2016 Fund Valuation 3737 4355 86%
Barking and Dagenham Hymans Robertson Barking and Dagenham — 2016 Fund Valuation 772 1001 77%
Barnet Hymans Robertson Barnet — 2016 Fund Valuation 916 1256 73%
Bedfordshire Hymans Robertson Bedfordshire — 2016 Fund Valuation 1733 2446 71%
Berkshire Barnett Waddingham Berkshire — 2016 Fund Valuation 1645 2242 73%
Bexley Mercer Bexley — 2016 Fund Valuation 680 725 94%
Brent Hymans Robertson Brent — 2016 Fund Valuation 676 1238 55%
Bromley Mercer Bromley — 2016 Fund Valuation 748 818 91%
Buckinghamshire Barnett Waddingham Buckinghamshire — 2016 Fund Valuation 2203 2538 87%
Cambridgeshire Hymans Robertson Cambridgeshire — 2016 Fund Valuation 2277 2902 79%
Camden Hymans Robertson Camden — 2016 Fund Valuation 1249 1639 76%
Cardiff and Vale of Glamorgan Aon Hewitt Cardiff and Vale of Glamorgan — 2016 Fund Valuation 1653 1953 85%
Cheshire Hymans Robertson Cheshire — 2016 Fund Valuation 4153 4620 90%
City of London Corporation Barnett Waddingham City of London Corporation — 2016 Fund Valuation 796 946 84%
City of Westminster Barnett Waddingham City of Westminster — 2016 Fund Valuation 1057 1321 80%
Clwyd Mercer Clwyd — 2016 Fund Valuation 1381 1818 76%
Cornwall Hymans Robertson Cornwall — 2016 Fund Valuation 1475 1961 75%
Croydon Hymans Robertson Croydon — 2016 Fund Valuation 877 1203 73%
Cumbria Mercer Cumbria — 2016 Fund Valuation 2047 2257 91%
Derbyshire Hymans Robertson Derbyshire — 2016 Fund Valuation 3672 4236 87%
Devon Barnett Waddingham Devon — 2016 Fund Valuation 3311 3939 84%
Dorset Barnett Waddingham Dorset — 2016 Fund Valuation 2249 2701 83%
Durham Aon Hewitt Durham — 2016 Fund Valuation 2321 2851 81%
Dyfed Mercer Dyfed — 2016 Fund Valuation 1900 1964 97%
Ealing Mercer Ealing — 2016 Fund Valuation 954 1192 80%
East Riding Hymans Robertson East Riding — 2016 Fund Valuation 3714 4226 88%
East Sussex Hymans Robertson East Sussex — 2016 Fund Valuation 2771 3012 92%
Enfield Aon Hewitt Enfield — 2016 Fund Valuation 916 1048 87%
Environment Agency - active Hymans Robertson Environment Agency - active — 2016 Fund Valuation 2730 2641 103%
Environment Agency - closed* Hymans Robertson Environment Agency - closed* — 2016 Fund Valuation 219 711 31%
Essex Barnett Waddingham Essex — 2016 Fund Valuation 4993 5598 89%
Gloucestershire Hymans Robertson Gloucestershire — 2016 Fund Valuation 1703 2138 80%
Greater Gwent (Torfaen) Hymans Robertson Greater Gwent (Torfaen) — 2016 Fund Valuation 2210 3060 72%
Greater Manchester Hymans Robertson Greater Manchester — 2016 Fund Valuation 17325 18696 93%
Greenwich Barnett Waddingham Greenwich — 2016 Fund Valuation 1044 1149 91%
Gwynedd Hymans Robertson Gwynedd — 2016 Fund Valuation 1525 1670 91%
Hackney Hymans Robertson Hackney — 2016 Fund Valuation 1172 1522 77%
Hammersmith and Fulham Barnett Waddingham Hammersmith and Fulham — 2016 Fund Valuation 851 966 88%
Hampshire Aon Hewitt Hampshire — 2016 Fund Valuation 5213 6453 81%
Haringey Hymans Robertson Haringey — 2016 Fund Valuation 1046 1323 79%
Harrow Hymans Robertson Harrow — 2016 Fund Valuation 661 889 74%
Havering Hymans Robertson Havering — 2016 Fund Valuation 573 857 67%
Hertfordshire Hymans Robertson Hertfordshire — 2016 Fund Valuation 3584 3920 91%
Hillingdon Hymans Robertson Hillingdon — 2016 Fund Valuation 810 1079 75%
Hounslow Barnett Waddingham Hounslow — 2016 Fund Valuation 772 916 84%
Isle of Wight Hymans Robertson Isle of Wight — 2016 Fund Valuation 474 518 92%
Islington Mercer Islington — 2016 Fund Valuation 1084 1383 78%
Kensington and Chelsea Barnett Waddingham Kensington and Chelsea — 2016 Fund Valuation 834 808 103%
Kent Barnett Waddingham Kent — 2016 Fund Valuation 4556 5103 89%
Kingston upon Thames Hymans Robertson Kingston upon Thames — 2016 Fund Valuation 649 794 82%
Lambeth Hymans Robertson Lambeth — 2016 Fund Valuation 1142 1429 80%
Lancashire Mercer Lancashire — 2016 Fund Valuation 6036 6726 90%
Leicestershire Hymans Robertson Leicestershire — 2016 Fund Valuation 3164 4153 76%
Lewisham Hymans Robertson Lewisham — 2016 Fund Valuation 1041 1328 78%
Lincolnshire Hymans Robertson Lincolnshire — 2016 Fund Valuation 1759 2288 77%
London Pensions Fund Authority Barnett Waddingham London Pensions Fund Authority — 2016 Fund Valuation 4515 4698 96%
Merseyside Mercer Merseyside — 2016 Fund Valuation 6850 8081 85%
Merton Barnett Waddingham Merton — 2016 Fund Valuation 526 558 94%
Newham Barnett Waddingham Newham — 2016 Fund Valuation 1098 1300 85%
Norfolk Hymans Robertson Norfolk — 2016 Fund Valuation 2901 3611 80%
North Yorkshire Mercer North Yorkshire — 2016 Fund Valuation 2418 2701 90%
Northamptonshire Hymans Robertson Northamptonshire — 2016 Fund Valuation 1871 2388 78%
Northumberland Aon Hewitt Northumberland — 2016 Fund Valuation 1055 1262 84%
Nottinghamshire Barnett Waddingham Nottinghamshire — 2016 Fund Valuation 4028 4649 87%
Oxfordshire Barnett Waddingham Oxfordshire — 2016 Fund Valuation 1825 2030 90%
Powys Aon Hewitt Powys — 2016 Fund Valuation 502 631 80%
Redbridge Hymans Robertson Redbridge — 2016 Fund Valuation 634 789 80%
Rhondda Cynon Taf Aon Hewitt Rhondda Cynon Taf — 2016 Fund Valuation 2485 3064 81%
Richmond Hymans Robertson Richmond — 2016 Fund Valuation 599 656 91%
Shropshire Mercer Shropshire — 2016 Fund Valuation 1494 1772 84%
Somerset Barnett Waddingham Somerset — 2016 Fund Valuation 1582 2044 77%
South Yorkshire Mercer South Yorkshire — 2016 Fund Valuation 6268 7293 86%
South Yorkshire Passenger Transport Barnett Waddingham South Yorkshire Passenger Transport — 2016 Fund Valuation 204 229 89%
Southwark Aon Hewitt Southwark — 2016 Fund Valuation 1256 1432 88%
Staffordshire Hymans Robertson Staffordshire — 2016 Fund Valuation 3753 4813 78%
Suffolk Hymans Robertson Suffolk — 2016 Fund Valuation 2213 2429 91%
Surrey Hymans Robertson Surrey — 2016 Fund Valuation 3213 3892 83%
Sutton Barnett Waddingham Sutton — 2016 Fund Valuation 503 632 80%
Swansea Aon Hewitt Swansea — 2016 Fund Valuation 1513 1896 80%
Teesside Aon Hewitt Teesside — 2016 Fund Valuation 3133 3122 100%
Tower Hamlets Hymans Robertson Tower Hamlets — 2016 Fund Valuation 1126 1361 83%
Tyne and Wear Aon Hewitt Tyne and Wear — 2016 Fund Valuation 6427 7519 86%
Waltham Forest Mercer Waltham Forest — 2016 Fund Valuation 716 1026 70%
Wandsworth Barnett Waddingham Wandsworth — 2016 Fund Valuation 1177 1162 101%
Warwickshire Hymans Robertson Warwickshire — 2016 Fund Valuation 1665 2023 82%
West Midlands Barnett Waddingham West Midlands — 2016 Fund Valuation 11569 14219 81%
West Midlands Passenger Transport Barnett Waddingham West Midlands Passenger Transport — 2016 Fund Valuation 464 569 82%
West Sussex Hymans Robertson West Sussex — 2016 Fund Valuation 2986 3144 95%
West Yorkshire Aon Hewitt West Yorkshire — 2016 Fund Valuation 11212 11955 94%
Wiltshire Hymans Robertson Wiltshire — 2016 Fund Valuation 1831 2246 82%
Worcestershire Mercer Worcestershire — 2016 Fund Valuation 1952 2606 75%
Total** 216400 253613 85%
  • Last edited: Oct 01, 2025
  • Published: Oct 01, 2025

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