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Surrey Local Pension Board

This page lists the meetings for Surrey Local Pension Board.

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Information about Surrey Local Pension Board

Role of the Local Pension Board

 

The role of the local Pension Board, as defined by Regulation 106 of the Local Government Pension Scheme Regulations 2013 is to assist the County Council as Administering Authority:

 

(a) to secure compliance with:

(i)  the scheme regulations;

(ii) any other legislation relating to the governance and administration of the LGPS Scheme and any connected scheme;

(iii) any requirements imposed by the Pensions Regulator in relation to the LGPS Scheme.

 

(b) to ensure the effective and efficient governance and administration of the LGPS Scheme.

 

The Local Pension Board will ensure it effectively and efficiently complies with the Code of Practice on the governance and administration of public service pension schemes issued by the Pension Regulator.

 

The Local Pension Board will also help ensure that the Surrey Pension Fund is managed and administered effectively and efficiently and complies with the Code of Practice on the governance and administration of public service pension schemes issued by the Pension Regulator.

 

The Local Pension Board has power to do anything that is calculated to facilitate or is conducive or incidental to the discharge of any of its functions.