Bulletin 7: Proposal to revise the Joint Administration and Communication Strategy

Operating a joint administration and communication strategy between the pension fund and its member employers is seen as one of the tools which can help in delivering a high quality administration service to the scheme member and other interested parties.

LGPS rules include an instruction that the strategy must be published and kept under review by the administering authority.

The strategy has been reviewed and will need to be updated this year to reflect an additional circumstance where additional costs may need to be recovered from an employing authority (page 11). There is another change to highlight that the Fund will consult and/or engage with stakeholders on changes to policies or strategies as appropriate (page 14).

In addition, there are minor wording changes in various areas of the document, to update terminology, or simply rephrase.

These changes have been highlighted in the attached draft document and any views on these changes would be welcome. The intention is for this to become effective from 8 March 2024, when it will be presented at the Local Pension Committee meeting.

Consequently, your responses to this consultation exercise are requested by no later than 16 January 2024, and should be emailed to stuart.wells@leics.gov.uk