The Local Government Pension Scheme (Amendment) (No. 2) Regulations 2005

• Citation: S.I. 2005/3199
• Sections: 4

Section 1 Citation, commencement and extent

(1) These Regulations may be cited as the Local Government Pension Scheme (Amendment) (No. 2) Regulations 2005.

(2) These Regulations shall come into force on 14th December 2005.

(3) These Regulations extend to England and Wales .

Section 2 The Local Government Pension Scheme Regulations 1997

The Local Government Pension Scheme Regulations 1997 shall be amended in accordance with regulations 3 and 4.

Section 3 Governance policy statement

After regulation 73 (the pension funds) insert—

Governance policy statement

(73A)

(1) An administering authority must, after consultation with such persons as they consider appropriate, prepare, maintain and publish a written statement setting out—

(a) whether the administering authority delegate their function or part of their function in relation to maintaining a pension fund to a committee, a sub-committee or an officer of the administering authority; and

(b) if they delegate that function or part of that function to a committee, sub-committee or an officer of the administering authority—

(i) the frequency of any committee or sub-committee meetings;

(ii) the terms of reference, structure and operational procedures of the delegation; and

(iii) whether the committee or sub-committee includes representatives of employing authorities (including non-Scheme employers) or members, and if so, whether those representatives have voting rights.

(2) The first such statement must be published on or before 1st April 2006.

(3) The statement must be revised and published by the administering authority following a material change in their policy on any of the matters referred to in paragraph (1).

Section 4 Statements of policy concerning communications with members and employing authorities (including non-Scheme employers)

After regulation 106A (annual benefit statements) , insert—

Statements of policy concerning communications with members and employing authorities (including non-Scheme employers)

(106B)

(1) An administering authority must prepare, maintain and publish a written statement setting out their policy concerning communications with—

(a) members;

(b) representatives of members;

(c) prospective members; and

(d) employing authorities.

(2) In particular, the statement must set out their policy on—

(a) the provision of information and publicity about the Scheme to members, representatives of members and employing authorities;

(b) the format, frequency and method of distributing such information or publicity; and

(c) the promotion of the Scheme to prospective members and their employing authorities.

(3) The first such statement must be published on or before 1st April 2006.

(4) The statement must be revised and published by the administering authority following a material change in their policy on any of the matters referred to in paragraph (2).

(5) References in paragraphs (1) and (2) to employing authorities include references to non-Scheme employers.