Pension Fund and Finance
Local Pension Committee
The Local Pension Committee is responsible for the governance of the Leicestershire County Council Pension Fund, which includes setting policies to be included in the following statutory documents:
The committee is also responsible for setting the overall strategic investment policy of the Fund at its Annual Strategy Meeting in January, some of the more detailed elements of the implementation of this policy are dealt with by the Investment Subcommittee which is a smaller sub-set of the membership of the Committee.
You can view meetings, agendas and membership of the Local Pension Committee on the County Council website.
Local Pension Board
The Local Pension Board was introduced on 1 April 2014 and is responsible in assisting the scheme manager (also known as the administering authority) in securing compliance with the Local Government Pension Scheme regulations, other pension legislation and the requirements of The Pensions Regulator. The Board produces an Annual Report on its work, the latest of which is available via the link below:
The Local Pension Board is made up equally from employer and employee representatives. You can view meetings, agenda and membership on the County Council website.
LGPS Central Pool
Leicestershire County Council Pension Fund is one of nine Midlands-based Local Government Funds pooled together under a centrally managed arrangement called ‘LGPS Central’. Partner funds retain their separate identities and local accountability within the collaboration.
Pension Fund Annual Reports
Further information on the Governance of the Fund can be Found within the Fund’s Annual Report.
Pension Fund AGM
The Annual Meeting of the Pension Fund Local Pension Committee was held on December 2020. Full details of the meeting and a copy of the presentation can be found on the County Council website.
Due to COVID-19 restrictions the meeting was held via Microsoft Teams and can be viewed on the YouTube channel for committee meetings at Leicestershire County Council.
Previous AGM Meetings
There are over 200 employing bodies within the Leicestershire Pension Fund, including all local authorities within the County and many other employers who carry out functions which have, in the past, been a function of a local authority.
The following document contains a list of all of the current employers who are participating in the Leicestershire Local Government Pension Scheme: