Surrey County Council is an administering authority for the
Local Government Pension Scheme (LGPS) and has established a
Pension Fund Committee (originally named Surrey Pension Fund Board)
with responsibility for the governance and administration of the
Surrey County Council Pension Fund.
a) To undertake statutory
functions on behalf of the Local Government Pension Scheme and
ensure compliance with legislation and best practice.
b) To determine policy for the
investment, funding and administration of the pension fund.
c) To consider issues arising
and make decisions to secure efficient and effective performance
and service delivery.
d) To appoint and monitor all
relevant external service providers:
- all other professional services
associated with the pension fund.
e) To monitor performance
across all aspects of the service.
f) To ensure that arrangements
are in place for consultation with stakeholders as
g) To consider and approve the
annual statement of pension fund accounts.
h) To consider and approve the
Surrey Pension Fund actuarial valuation and employer
The ‘standard’ Committee diary provides
for four meetings a year and additional meetings are occasionally
required for a specific purpose.
The Committee is made up of publicly elected Members as well as
co-opted members who provide stakeholder membership. The co-opted members represent the members of the
Fund (trade union representation), District and Borough Councils
and other employers in the Fund.
Co-opted Members have the same rights on access to information and
voting as elected Members.
Find out more...
Surrey Pension Fund –