The Dumfries and Galloway Pension Fund
The Dumfries and Galloway Pension Fund is one of 11 funds in Scotland that administer the national Local Government Pension Scheme (LGPS).
This fund is used to pay pensions, lump sum benefits and other entitlements to members and their dependents.
Contributions to the fund are made by employees and employers, as well as income from assets, equities, property and bonds.
Latest accounts
You can download our most recent audited annual accounts:
Accounts from previous years
Accounts for the last three financial years are also available to download.
2022 to 2023
2021 to 2022
2020 to 2021
Pensions Board
Each Pension Fund in the LGPS is required to establish a Pensions Board. The Board is responsible for assisting the Scheme Manager (Dumfries and Galloway Council) in relation to compliance with scheme regulations and the requirements of the Pensions Regulator.
Membership of the Board consists of equal numbers of trade union representatives and employer representatives.
The Local Government Pension Scheme (Scotland) Advisory Board provides advice on the desirability of changes to scheme design and the implication of other policy issues.
Actuarial valuation report 2023
The actuarial valuation is a risk management exercise. The purpose is to review the current funding plans and set contribution rates for the Fund's participating employers for the period from 1 April 2024 to 31 March 2027.
This report summarises the outcomes of the valuation and the underlying advice provided to the administering authority throughout the valuation process.