FUND POLICIES
Pensions Administration Strategy
As authorised by the provisions of the Local Government Pension Scheme (Administration) Regulations 2008, the Fund published its Pensions Administration Strategy (PAS) in November 2009.
This document was developed in consultation with all Scheme employers and seeks to promote good working relationships, improve efficiency and ensure agreed standards of quality in delivery of the pension administration service for the benefit of all members.
The PAS
- Details the various means of communication between the Fund and Employers.
- Sets out clear standards of service to members, by defining those Employer and Fund responsibilities in administering the Scheme.
- Re-iterates the financial obligations of scheme Employers.
- Establishes procedures to address poor administrative performance by Employers
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Details those circumstances in which the Fund will recover costs incurred as a result of poor performance by Employers.
Communications Policy
This statement outlines the Fund's policy on:
- Information to members, representatives and employers
- The format, frequency and method of distributing such information
- The promotion of the Scheme to prospective members and their employing authorities
Governance Policy
Wirral Council is the Administering Authority for Merseyside Pension Fund. The Council has delegated to the Pensions Committee various powers and duties in respect of its administration of the Fund.
This statement sets out the scheme of delegation and the terms of reference, structure and operational procedures of the delegation.
