Greater Manchester Pension Fund
The Greater Manchester Pension Fund (GMPF) is one of the largest and most robust local government pension schemes in the United Kingdom. It serves a wide range of employees across Greater Manchester, including local government officers, school teachers, and other public sector workers. Managed by the Tameside Metropolitan Borough Council, the GMPF is distinguished by its commitment to responsible investing and its proactive approach to managing a substantial asset portfolio. The fund operates primarily on a defined benefit basis, providing its members with a pension calculated on their final salary and length of service. This ensures a reliable and predictable income stream in retirement. Additionally, the GMPF has been a leader in environmental, social, and governance (ESG) investing, reflecting its dedication to sustainable investment practices that benefit both current and future pensioners. The fund’s innovative management strategies have set it apart as a model for public sector pension schemes across the country.
