Guidance issued by the 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 have been established by 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 Scheme Advisory Board (SAB) developed guidance on the creation and operation of Local Pension Boards for Administering Authorities.

The guidance will be updated and modified by the SAB as required in the future. The guidance falls 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 and regulations 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 SAB 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.

Local Pension Board Guidance Questions and Answers

Version

Date

Changes

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 [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 Scheme Advisory Board's understanding of the requirements for active member annual benefit statements under the 2014 Scheme.

Version

Date

Changes

Version 1.5 [tracked]

Version 1.5 [clean]

09 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]

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

Version 1.2 [clean]

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

Version 1.1 [clean]

30 October 2014 Please see within PDF for tracked changes. Earlier versions, as published by the LGPC Secretariat, are available on request from the LGA pensions team.