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Prospective employers

What do I need to know?

We manage the Fund on behalf of Cheshire West and Chester Council, Cheshire East Council, Halton Borough Council, Warrington Borough Council and over 200 other approved bodies.

A list of the participating employers in the Cheshire Pension Fund can be found included in the latest version of the Annual Report.

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The Fund has over 40,000 contributing members, 28,000 pensioners and beneficiaries and 29,000 deferred pensioners.

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The Fund has assets of over £5 billion and in terms of size and value is within the top 100 UK Pension Funds.

Can I Join?

To become an employer of the Cheshire Pension Fund you will need to be:

  • A body listed in Schedule 2 of the LGPS Regulations 2013.

  • Organisations such as county councils, district councils, academies and further and higher education corporations are named in the LGPS regulations as scheme employers and automatically participate in the scheme.

  • Administering authorities can admit organisations that are not automatically scheme employers but who satisfy certain other conditions. These are called ‘admission bodies’.

  

Town and Parish Councils

Town and parish councils can decide which individuals or positions are eligible for the Local Government Pension Scheme (LGPS). These are called designating bodies. They are able to use the LGPS as a pension scheme for their employees, but they don’t have to do so.

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Employees of a designating body can only join the LGPS if their employer nominates that member of staff or their role as eligible for membership of the scheme.

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There must be a majority agreement at a meeting of the council to elect to become an employer in Cheshire Pension Fund.  Following this we will require a copy of the minutes of the meeting including the name, class of employees or roles of employees designated to join.

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Cheshire Pension Fund operates a pooling of town and parish councils for contribution rates. Should a resolution be passed to join, we’ll provide you with details of the rate payable as a new LGPS employer.  This pooled contribution rate is subject to a triennial valuation when the rate is reviewed and set for the following 3 years.

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You can learn more by visiting our Town and Parish Council pages.

 

Admission bodies 

These fall into two categories:

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  • A body that has a community of interest with local government employers.  It is a ‘not for profit’ organisation and is admitted to the Fund by way of an admission agreement.

  • A company that has taken on work on behalf of a scheme employer by means of a contract or other arrangement and is admitted to the Fund by way of an admission agreement.
     

Employees of an admission body can join the LGPS if the admission agreement allows it. 

You can learn more by visiting our Admission body page.
 

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