Lincolnshire Pension Fund

Information for members

There are three types of members of the scheme:

  • Active: You are currently paying contributions into the Fund
  • Deferred: You have previously paid into the Fund and since leaving have left your pension on hold with us
  • Pensioner: You are drawing your pension

Lincolnshire Pension Fund works with West Yorkshire Pension Fund to deliver administrative services such as the payment of pensions and answering questions on individual's pensions.  If you have any questions about your pension, please contact West Yorkshire Pension Fund.

Visit West Yorkshire Pension Fund

 

Pension fund committee

The Pensions Committee oversees the work of the fund, and makes key decisions about how it is run.

The committee consists of:

  • county councillors
  • a scheme member representative
  • representatives of other employers in the fund

Pension Committee details

Fund publications

The latest versions of Lincolnshire Pension Fund's publications and policy documents:

Fund investments

Lincolnshire Pension Fund invests the cash assets of the fund in order to earn a return to help pay member pensions. The documents below give further details of our investments.

Summary of investments

This document is updated quarterly and gives details of the Fund's holdings, including details of its Private Equity, Property and Infrastructure investments.

Quarterly stewardship updates

These document provide details of the stewardship activities completed on behalf of the fund, and are updated quarterly.

Asset pooling

In 2015, the government announced that Local Government Pension Fund investments should be merged into a smaller number of investment pools. Lincolnshire Pension Fund chose to become part of the Border to Coast Pensions Partnership and to date has invested in the following funds:

  • UK Listed Equity
  • Global Equity Alpha
  • Multi Asset Credit
  • Investment Grade Credit
  • Overseas Developed Equity
  • Global Property
  • UK Real Estate
  • Multi-Factor Equity

Over time, more of the fund's assets will be invested in Border to Coast.

Visit Border to Coast

Actuarial valuations

An actuarial valuation is carried out every three years and recommends the level of contributions for each of the participating employers in the fund for the following three years.

The past three valuation reports are available: 

Pension fund board

Each Local Government Pension Scheme (LGPS) fund has a Local Pension Board.  The Board plays an important role in making sure that the Fund is well-managed and is keeping scheme members’ records and pensions safe.

The Pension Board is made up of people who represent the Fund's members and employers. It supports the Pension Fund and the Pensions Committee by checking that LGPS rules are being followed and that the Fund is acting in line with guidance from the Pensions Regulator and other pensions legislation.

Knowledge and understanding policy - training policy for Board members

Appendix A: Knowledge and skills - suitable examples of areas of knowledge and understanding for Board members

Board meetings - agendas and minutes of recent board meetings

Independent chair role description - full description of the role of the Independent Chair of the Pension Board

Representative role description - full description of the role of Employer and member representatives on the Pension Board

Terms of reference - full Terms of Reference for Lincolnshire Pension Fund's Pension Board

Appointment of Pensions Committee Independent Person

Independent Person


As part of the national reforms to strengthen governance across the Local Government Pension Scheme (LGPS), Lincolnshire Pension Fund is seeking to appoint an Independent Person to provide expertise and support to the Pensions Committee and LGPS Senior Officer on the Fund’s overall pensions governance, administration (including funding), and investment approach. 

This opportunity will be of interest to individuals with significant pensions experience, preferably within the LGPS but experience in other large and complex occupational pension schemes will also be considered, who can demonstrate independence, professionalism and sound governance judgement.

Interested individuals or organisations are invited to review the attached information pack for more details​​. 

Those wishing to be considered for the role are asked to submit an application by 12 October 2026, which will be used to identify candidates to be invited to interview.

Job information pack