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Surrey Local Firefighters' Pension Board

Pensions

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21 Nov 2024

the Surrey Local Firefighters' Pension Board of Surrey Council

The Board noted reports on the Surrey Firefighters' Pension Scheme, the McCloud remedy and the Matthews Remedy. Councillor Nick Harrison noted an error in the XPS report, which included data about Cleveland Fire Brigade, and the Board agreed to seek a corre...

About

The Local Firefighters’ Pension Board is established in accordance with Section 5 of that Act and under draft Regulation 4A of the Firefighters’ Pension Scheme (FFPS) (England) Regulations 2014 (as amended).

 

  1.         Role of the Local Firefighters’ Pension Board – As defined in the LFPB’s Terms of Reference:  

2.1       The role of the Local Firefighters’ Pension Board, as defined in the Firefighters’ Pension Scheme (Amendment) (Governance) Regulations 2015, is to assist the Fire and Rescue Authority Scheme Manager:

(a) to secure compliance with:

(i) the scheme regulations;

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

(iii) any requirements imposed by the Pensions Regulator in relation to the Firefighters’ Pension Scheme.

(b) to ensure the effective and efficient governance and administration of the Firefighters’ Pension Scheme.  

2.2       The Local Firefighters’ 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.  

2.3       The Local Firefighters’ Pension Board will also help ensure that the Firefighters’ Pension Scheme 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.  

2.4       The Local Firefighters’ 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.

  2.5       The Local Firefighters’ Pension Board should always act within its terms of reference.

       

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