Guidance issued by the Shadow Scheme Advisory Board is located on this page, and this page will be updated in due course as further pieces of guidance are issued by the Board.

Guidance issued by the Shadow Scheme Advisory Board is located on this page, and this page will be updated in due course as further pieces of guidance are issued by the Board.

Governance Guidance - Local Pension Boards

Local Pension Boards must be established by the 1 April 2015 under the provisions of section 5 of the Public Service Pensions Act 2013 and regulation 106 of the LGPS Regulations 2013 (as amended). To assist in the establishment of these Boards the Shadow Scheme Advisory Board (SSAB) has developed guidance on the creation and operation of Local Pension Boards for Administering Authorities.

It is anticipated that the guidance will be updated and modified by the SSAB as required in the future. It is also expected that the Statutory Scheme Advisory Board (once created) will adopt this guidance. If so, the guidance will fall under the provisions of section 7(3) of the Public Service Pension Act 2013 which requires that scheme managers (i.e. administering authorities) and Local Pension Boards must have regard to it.

This guidance does not supersede the requirements on Administering Authorities under legislation and in particular section 5 of the Public Service Pensions Act 2013 'Pension Board' and regulation 106 to 109 of the LGPS Regulations 2013 (as amended). It remains the responsibility of the Administering Authority to ensure all relevant legislation has been complied with in the creation and operation of the Local Pension Board.

In addition to the guidance the SSAB have devised a template terms of reference. This is designed to assist Administering Authorities as they formulate the terms of reference for their Local Pension Board. It must be read in conjunction with the guidance, the provisions of both the Public Service Pension Act 2013 and the LGPS Regulations 2013 noted in the previous paragraph.

A response to the Governance Guidance consultation is also available below, this document sets out an overview of responses to the consultation on a draft version of the guidance which took place in October and November 2014.

Local Pension Board Guidance

Version

Date

Changes

Version 1.1 [tracked]
Version 1.1 [clean]
4th February 2015

Change to para 10.2 (page 61) to correctly reflect final governance regulations, see tracked changed version for details.

16th April 2015 - Update - Selection of employer and member representatives to pension boards

Following a number of questions which have been raised around appointments to pension boards the attention of administering authorities is drawn to regulation 107(2) and the SSAB guidance sections 5.16 to 5.20.

In particular for both types of representative the sole regulatory criterion is the capacity to represent (employers or members). Although administering authorities when advertising for board members may wish to add other secondary criteria they should be aware of the potential for challenge should such criteria be used either to select for interview or appoint at the expense of capacity. In order to avoid the potential for challenge administering authorities are advised to be clear in any advert or information to prospective board members how capacity is to be assessed and how any secondary criteria are to be used in the process.

Questions and Answers

Version

Date

Changes

Version 1.1 26th March 2015

Minor amend to remove duplication of sentence in the answer to question 5.

Version 1.0 10th March 2015

N/A – original version as published by the Board

Template Terms of Reference for a Local Pension Board

Version

Date

Changes

Version 1.0 pdf
Version 1.0 word doc

28th January 2015 N/A – original version as published by the Board

Response to Guidance Consultation

Version

Date

Changes

Version 1.0

 

28th January 2015 N/A – original version as published by the Board

Annual Benefit Statement Guidance

Provides the shadow Scheme Advisory Board's understanding of the requirements for active member annual benefit statements under the 2014 Scheme, also detailing our understanding of the approach to be taken for 2013/14 statements.

Version

Date

Changes

Version 1.5 [tracked]

Version 1.5 [clean]

10 February 2017 Please see within PDF for tracked changes
Version 1.4 [tracked]

Version 1.4 [clean]

20 April 2015 Please see within PDF for tracked changes.
Version 1.3 [tracked]

Version 1.3 [clean]

2 February 2015 Please see within PDF for tracked changes.
Version 1.2 [tracked]

Version 1.2 [clean]

15th January 2015 Please see within PDF for tracked changes.
Version 1.1 [tracked]

Version 1.1 [clean]

30th October 2014 Please see within PDF for tracked changes.
Version 1.0 25th June 2014 N/A - original version as published by the Board. For earlier versions, as published by the LGPC Secretariat, please click here.