Authority Actuary Valuation Report 2019 Assets (£m) Liabilities (£m) Funding level
Authority Actuary Assets (£m) Liabilities (£m) Funding level
Avon Mercer Avon — 2019 Fund Valuation 4818 5102 94%
Barking and Dagenham Hymans Barking and Dagenham — 2019 Fund Valuation 1022 1141 90%
Barnet Hymans Barnet — 2019 Fund Valuation 1152 1342 86%
Bedfordshire Barnett Waddingham Bedfordshire — 2019 Fund Valuation 2291 2847 81%
Berkshire Barnett Waddingham Berkshire — 2019 Fund Valuation 2086 2683 78%
Bexley Mercer Bexley — 2019 Fund Valuation 873 862 101%
Brent Hymans Brent — 2019 Fund Valuation 856 1104 78%
Bromley Mercer Bromley — 2019 Fund Valuation 1039 945 110%
Buckinghamshire Barnett Waddingham Buckinghamshire — 2019 Fund Valuation 2989 3175 94%
Cambridgeshire Hymans Cambridgeshire — 2019 Fund Valuation 3193 3204 100%
Camden Hymans Camden — 2019 Fund Valuation 1657 1613 103%
Cardiff Aon Cardiff — 2019 Fund Valuation 2178 2272 96%
Cheshire Hymans Cheshire — 2019 Fund Valuation 5583 5739 97%
City of London Corporation Barnett Waddingham City of London Corporation — 2019 Fund Valuation 1063 1176 90%
City of Westminster Barnett Waddingham City of Westminster — 2019 Fund Valuation 1411 1431 99%
Clwyd Mercer Clwyd — 2019 Fund Valuation 1867 2044 91%
Cornwall Hymans Cornwall — 2019 Fund Valuation 1926 2133 90%
Croydon Hymans Croydon — 2019 Fund Valuation 1258 1423 88%
Cumbria Mercer Cumbria — 2019 Fund Valuation 2703 2731 99%
Derbyshire Hymans Derbyshire — 2019 Fund Valuation 4929 5092 97%
Devon Barnett Waddingham Devon — 2019 Fund Valuation 4273 4672 92%
Dorset Barnett Waddingham Dorset — 2019 Fund Valuation 3014 3269 92%
Durham Aon Durham — 2019 Fund Valuation 2982 3178 94%
Dyfed Mercer Dyfed — 2019 Fund Valuation 2576 2444 105%
Ealing Mercer Ealing — 2019 Fund Valuation 1260 1384 91%
East Riding Hymans East Riding — 2019 Fund Valuation 5058 4634 109%
East Sussex Hymans East Sussex — 2019 Fund Valuation 3633 3386 107%
Enfield Aon Enfield — 2019 Fund Valuation 1186 1146 103%
Environment Agency - active Hymans Environment Agency - active — 2019 Fund Valuation 3646 3435 106%
Environment Agency - closed* Hymans Environment Agency - closed* — 2019 Fund Valuation 294 574 51%
Essex Barnett Waddingham Essex — 2019 Fund Valuation 6711 6917 97%
Gloucestershire Hymans Gloucestershire — 2019 Fund Valuation 2379 2338 102%
Greater Gwent (Torfaen) Hymans Greater Gwent (Torfaen) — 2019 Fund Valuation 2929 3407 86%
Greater Manchester Hymans Greater Manchester — 2019 Fund Valuation 23844 23314 102%
Greenwich Barnett Waddingham Greenwich — 2019 Fund Valuation 1326 1371 97%
Gwynedd Hymans Gwynedd — 2019 Fund Valuation 2081 1925 108%
Hackney Hymans Hackney — 2019 Fund Valuation 1575 1706 92%
Hammersmith and Fulham Barnett Waddingham Hammersmith and Fulham — 2019 Fund Valuation 1043 1079 97%
Hampshire Aon Hampshire — 2019 Fund Valuation 7182 7260 99%
Haringey Hymans Haringey — 2019 Fund Valuation 1384 1378 100%
Harrow Hymans Harrow — 2019 Fund Valuation 851 903 94%
Havering Hymans Havering — 2019 Fund Valuation 733 1054 70%
Hertfordshire Hymans Hertfordshire — 2019 Fund Valuation 4835 4922 98%
Hillingdon Hymans Hillingdon — 2019 Fund Valuation 1067 1228 87%
Hounslow Barnett Waddingham Hounslow — 2019 Fund Valuation 1034 1101 94%
Isle of Wight Hymans Isle of Wight — 2019 Fund Valuation 596 628 95%
Islington Mercer Islington — 2019 Fund Valuation 1377 1626 85%
Kensington and Chelsea Barnett Waddingham Kensington and Chelsea — 2019 Fund Valuation 1187 951 125%
Kent Barnett Waddingham Kent — 2019 Fund Valuation 6193 6332 98%
Kingston upon Thames Hymans Kingston upon Thames — 2019 Fund Valuation 839 882 95%
Lambeth Hymans Lambeth — 2019 Fund Valuation 1439 1746 82%
Lancashire Mercer Lancashire — 2019 Fund Valuation 8410 8398 100%
Leicestershire Hymans Leicestershire — 2019 Fund Valuation 4312 4849 89%
Lewisham Hymans Lewisham — 2019 Fund Valuation 1387 1541 90%
Lincolnshire Hymans Lincolnshire — 2019 Fund Valuation 2353 2536 93%
London Pensions Fund Authority Barnett Waddingham London Pensions Fund Authority — 2019 Fund Valuation 6035 5554 109%
Merseyside Mercer Merseyside — 2019 Fund Valuation 8883 8793 101%
Merton Barnett Waddingham Merton — 2019 Fund Valuation 718 698 103%
Newham Barnett Waddingham Newham — 2019 Fund Valuation 1432 1490 96%
Norfolk Hymans Norfolk — 2019 Fund Valuation 3835 3863 99%
North Yorkshire Aon North Yorkshire — 2019 Fund Valuation 3575 3125 114%
Northamptonshire Hymans Northamptonshire — 2019 Fund Valuation 2502 2679 93%
Northumberland Aon Northumberland — 2019 Fund Valuation 1400 1408 100%
Nottinghamshire Barnett Waddingham Nottinghamshire — 2019 Fund Valuation 5415 5820 93%
Oxfordshire Hymans Oxfordshire — 2019 Fund Valuation 2515 2546 99%
Powys Aon Powys — 2019 Fund Valuation 655 702 93%
Redbridge Hymans Redbridge — 2019 Fund Valuation 803 954 84%
Rhondda Cynon Taf Aon Rhondda Cynon Taf — 2019 Fund Valuation 3459 3515 98%
Shropshire Mercer Shropshire — 2019 Fund Valuation 1915 2047 94%
Somerset Barnett Waddingham Somerset — 2019 Fund Valuation 2167 2529 86%
South Yorkshire Mercer South Yorkshire — 2019 Fund Valuation 8440 8503 99%
Southwark Aon Southwark — 2019 Fund Valuation 1642 1595 103%
Staffordshire Hymans Staffordshire — 2019 Fund Valuation 5131 5204 99%
Suffolk Hymans Suffolk — 2019 Fund Valuation 2931 2966 99%
Surrey Hymans Surrey — 2019 Fund Valuation 4286 4483 96%
Sutton Barnett Waddingham Sutton — 2019 Fund Valuation 661 732 90%
Swansea Aon Swansea — 2019 Fund Valuation 2044 2235 92%
Teesside Aon Teesside — 2019 Fund Valuation 4088 3561 115%
Tower Hamlets Hymans Tower Hamlets — 2019 Fund Valuation 1552 1525 102%
Tyne and Wear Aon Tyne and Wear — 2019 Fund Valuation 8788 8286 106%
Waltham Forest Mercer Waltham Forest — 2019 Fund Valuation 924 1158 80%
Wandsworth Barnett Waddingham Wandsworth — 2019 Fund Valuation 2135 2035 105%
Warwickshire Hymans Warwickshire — 2019 Fund Valuation 2166 2346 92%
West Midlands Passenger Transport Pension Fund Barnett Waddingham West Midlands Passenger Transport Pension Fund — 2019 Fund Valuation 495 428 84%
West Midlands Barnett Waddingham West Midlands — 2019 Fund Valuation 15634 16648 94%
West Sussex Hymans West Sussex — 2019 Fund Valuation 4374 3919 112%
West Yorkshire Aon West Yorkshire — 2019 Fund Valuation 14363 13497 106%
Wiltshire Hymans Wiltshire — 2019 Fund Valuation 2589 2680 97%
Worcestershire Mercer Worcestershire — 2019 Fund Valuation 2795 3090 91%
  • Last edited: Oct 01, 2025
  • Published: Oct 01, 2025

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