The constitution of the Pension Board consists of 2
employer representatives, and 2 scheme member representatives, all
of them appointed in accordance with the Pension Board detailed
Terms of Reference as approved and published by the Council from
time to time.
The Terms of reference of the Pension Board is to
fulfil the statutory functions imposed upon Pension Boards by the
Public Service Pensions Act 2013, the Local Government Pension
Scheme Regulations 2013 as amended, any subsequent amendment
thereto and any other relevant legislation in place from time to
time. In particular to assist the Council and advise it upon
measures as administering authority to secure compliance with the
Local Government Pension Scheme Regulations and other legal
requirements , and generally to ensure that there is efficient and
effective governance and administration of the fund at a local
level.
To report annually to the Council in relation to the above for
inclusion in the Council’s annual governance statement.