Regulation 58 Funding strategy statement
England and Wales
An administering authority must, after consultation with such persons as it considers appropriate, prepare, maintain and publish a written statement setting out its funding strategy.
The statement must be published no later than 31st March 2015.
The authority must keep the statement under review and, after consultation with such persons as it considers appropriate, make such revisions as are appropriate following a material change in its policy set out in the statement, and if revisions are made, publish the statement as revised.
In preparing, maintaining and reviewing the statement, the administering authority must have regard to—
guidance issued by the Secretary of State from time to time, and
the current version of the investment strategy statement published under regulation 13 (publication of investment strategy), or the revised investment strategy statement published under regulation 15 (review of investment strategy), of the Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026.
Annotations
Textual amendments
- F1
Reg. 58(4)(a) substituted (30.6.2026) by The Local Government Pension Scheme (Amendment) (Governance) Regulations 2026 (S.I. 2026/545), regs. 1(2), 7
- F2
Reg. 58(4)(b) substituted (30.6.2026) by The Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026 (S.I. 2026/544), regs. 1(2), 21(3) (with reg. 24)