Admitted Body Status
Communities and Local Government has published a guide on Admitted Body Status guidance in the Local Government Pension Scheme.The guidance has been updated for stakeholders to give greater clarity to the Admitted Body Status provisions in the Local Government Pension Scheme. One of the key messages is that pension issues need to be addressed early in any outsourcing process.
There can be uncertainty for employees when an outsourcing process is considered and addressing pension issues early minimises some of these uncertainties by providing reassurance that pensions are being properly managed.
If you are considering an outsourcing exercise, please refer to the guide on the Communities and Local Government website (opens in a new window).
There are a number of admission bodies already in the Derbyshire Fund with current contributors. The actuarial valuation report of the Derbyshire Fund on 31 March 2010, includes a list of scheme employers at this time, including admission bodies.
Related documents
The following document is in Portable Document Format (PDF). You can download the PDF software for free from the Adobe website (opens in a new window)