Your Derbyshire Pension Fund pension provides you with a secure, guaranteed income for life when you retire. As part of the Local Government Pension Scheme (LGPS), your pension is not affected by day-to-day investment performance.
The LGPS is a defined benefit pension scheme, meaning your pension is based on your pensionable pay and the length of time you contribute to the Scheme. You can find out more about how your pension is worked out.
The LGPS is also a funded scheme. This means that employee and employer contributions are invested by local pension funds, such as Derbyshire Pension Fund, to help ensure there is sufficient money available to pay members' benefits now and in the future.
Investment holdings
A brief summary of our investment holdings as at 31 March 2025:
- total investment assets of the Fund - £6,681 million
- equities - £3,045 million
- bonds - £1,813 million
- property - £469 million
- alternatives - £1,065 million
- cash - £289 million
How we manage our investments
Derbyshire County Council’s Director of Finance and our in-house investment team are responsible for the day-to-day management of the Fund’s investments.
Our investments are managed by:
- our Fund's in-house team on an active basis
- LGPS Central Limited (a company established to manage investments on behalf of 8 LGPS pension funds across the Midlands)
- external managers where the appropriate skills aren't available internally, or through LGPS Central Limited
Our long-term investment strategy
Our Pensions and Investments Committee set and approve the long term investment strategy of the Fund. They also approve the quarterly tactical allocations to asset classes.
You can find copies of the quarterly Pensions and Investments Committee investment reports on the Derbyshire County Council democracy website.
The committee has approved a long-term investment strategy that aims to:
- maximise the returns from investments within acceptable levels of risk
- contribute to the Fund having sufficient assets available to meet benefit payments
- enable employer contributions to be kept as stable as possible
Our investment beliefs are set out in our Investment Strategy Statement.
The valuation report of the Fund's investment holdings is available on the Derbyshire County Council democracy website as part of the quarterly Investment Report to our Pensions and Investments Committee.