The Department does not at present hold copies of all of the governance statements. Once we have received all of the statements we will be publishing a report on our website. Copies can be obtained from each administering authority who are in any event required to publish them.
The pension manager of each fund is designated as the relevant administrator of each of the eighty-nine Local Government Pension Scheme funds in England and Wales. Contact details can be found at:
www.lge.gov.uk/lge/core.
Schedule 4, parts 1 and 2, of the Local Government Pension Scheme (Administration) Regulations 2008 set out the requirements on which individual fund, employers contribute to their respective pension funds. Details of these employers are not held centrally.
(2) whether councillor members of joint waste authorities are eligible to join the Local Government Pension Scheme in their capacity as members of such authorities; and what powers such authorities have to admit them to membership.
Only elected members of a district council, county council or London borough council are defined as eligible members for the purpose of access to the Local Government Pension Scheme.
Decisions on access for councillors to the scheme are made by each local authority in the light of recommendations from its independent remuneration panel. There is no requirement to provide details to the Department of who has taken up any subsequent right of access.
A copy of CIPFA’s report “Local Government Pension Scheme Investment Regulations: Options for Change” was submitted to the Department on 27 January. The report will be treated as a response to the current statutory consultation exercise on the consolidation of the scheme’s investment regulations, which is due to close on 3 April 2009.
We will consider its recommendations carefully.
The Local Government Association recently expressed its support to see an increase in the scheme’s retirement age from 65, as part of a response made by the Local Government Employers to a statutory consultation exercise on proposals to introduce cost-share arrangements in the Local Government Pension Scheme later this year.