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Local Pension Board

This page lists the meetings for Local Pension Board.

Information about Local Pension Board

The administering authority (West Northamptonshire Council) as scheme manager under Section 4 of the Public Service Pensions Act 2013 is required to establish a Local Pension Board in accordance with Section 5 of that Act and under Regulation 106 of the Local Government Pension Scheme Regulations 2013 (as amended).

 

The Board is independent of the Pension Committee and is not a committee constituted under Section 101 of the Local Government Act 1972 and therefore no general duties, responsibilities or powers assigned to this such committees, sub-committees or officers under the constitution, standing orders or scheme of delegation of the administering authority apply to the Board unless expressly stated.

 

Role and Function

 

The role of the Local Pension Board is to assist the administering authority (West Northamptonshire Council) in its role as scheme manager of the Northamptonshire Local Government Pension Scheme (LGPS). This covers all aspects of governance and administration of the LGPS, including funding and investments. The responsibilities of the Local Pensions Board are:

 

To assist the administering authority in securing compliance with:

 

-     The Local Government Pension Scheme Regulations 2013;

-     Other legislation relating to the governance and administration of the LGPS;

-     The requirements imposed by the Pensions Regulator in relation to the LGPS; and

 

To ensure the effective and efficient governance and administration of the LGPS.