The governance arrangements for the Local Government Pension Scheme (LGPS) have changed. From 1st April 2015, all LGPS Funds, of which the Cheshire Pension Fund is one of 89, now have a Local Pension Board. This statutory requirement comes from the Public Services Pensions Act 2013 and the LGPS (Amendment) (Governance) Regulations 2015.
The Local Pension Board is responsible for assisting the Administering Authority (in this case Cheshire West and Chester Council):
i) to secure compliance with
a. the Regulations;
b. other legislation relating to the governance and administration of the LGPS; and
c. the requirements imposed by the Regulator in relation to the LGPS.
ii) to ensure the efficient and effective governance and administration of the LGPS.
What does the Pension Board do?
How is the Pension Board set up?
Who are the Board Members?
Would you like to get more involved in the running of the Cheshire Pension fund as an employer representative, a member representative or Independent Chair?