Kensington and Chelsea cuts LGPS contributions despite actuary concerns

The Kensington and Chelsea Pension Fund has agreed to reduce its employer pension contribution to zero for the year 2025/26, following a push for LGPS funds to support financially struggling local authorities.

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At a meeting on Tuesday (4 February), the pension fund’s investment committee approved a decision to pause employer contributions, reducing them from 7.5% to

Kensington and Chelsea cuts LGPS contributions to zero

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