Pension fund

The Newham Pension Fund is part of the local government pension scheme (LGPS). It is governed by the LGPS regulations and is open to all local government employees. We are the administrating authority of the fund, and we are responsible for its proper management.

The Pension Fund accounts are separate from the Council’s accounts and are not included in the Council’s General Fund revenue account, balance sheet or other statements.

The Pension Fund needs to ensure that it can meet all future pension payments over the long term for its scheme beneficiaries, these are:

  • Current pensioners
  • Future pensioners and
  • The employers.

The Pensions Committee is the designated committee responsible for the stewardship and assets of the Pension Fund and makes decisions within the context of permitted guidance and regulations, focussed solely on managing the Pension Fund in the best interests of scheme beneficiaries.

You can find out how we fund, invest in, manage and administer our Pensions Fund by reading our individual strategy, policy and information documents below.

Pension Fund Annual reports

Pension Fund Annual Report 2024-2025 (PDF)

Pension Fund Annual Report 2023-2024 (PDF)

Pension Fund Annual Report 2022-2023 (PDF)

Pension Fund Annual Report 2021-2022 (PDF)

Pension Fund Annual Report 2020-2021 (PDF)

Funding, Investment and Governance Statements and Policies

Fund Administration

The administration of the Local Government Pension Scheme, is carried out by Local Pensions Partnership Administration (LPPA) is the administrator they are members first point of contact for queries regarding your benefits.

The Local Pensions Partnership Administration website has lots of useful information regarding the scheme, news and FAQs. 

Please see the LPPA contact us page for enquiry details.

Fund Management, Administration Statements and Policies

Local Pension Board

The Pensions Board oversees the administration of the Newham Pension Fund on behalf of the Administrating Authority. The Pensions Board is supported by officers, an Independent Chair, and by assurance statements and information provided by external service providers to the London Borough of Newham Pension Fund.

Local Pension Board, terms of reference, minutes and agendas

For the latest Pension Board Annual Report and Business Plan please see below

Newham Local Pension Board Annual Report 2023-24 (DOCX)

Newham Local Pension Board Business Plan 2024-25 (DOCX)

General Newham LGPS Information

Retirement Planning Guide (DOCX)

Retirement Process factsheet (DOCX)