LGPS regulations commentary guidance now available
Resource type: Legal Update: archive
Published on 23-Apr-2008
England, Scotland, Wales
The Department for Communities and Local Government (DCLG) has published commentary guidance on the main provisions in the three sets of regulations which now govern the Local Government Pension Scheme (LGPS). The DCLG promises the document will be updated regularly as further legislative changes occur. Chapters in the guidance summarise the areas covered by the regulations, including:
The day-to-day administrative processes of the LGPS, contained in the Local Government Pension Scheme (Administration) Regulations 2008 (SI 2008/239).
The provisions about joining the scheme, paying contributions and calculating benefits, contained in the Local Government Pension Scheme (Benefits, Membership and Contributions) Regulations 2007 (SI 2007/1166).
The policy review group (recently established as a broad-based forum to consider key issues about the LGPS's future, including the requirement to put in place a cost-sharing arrangement by 31 March 2009).
The transitional provisions contained in the Local Government Pension Scheme (Transitional provisions) Regulations 2008 (SI 2008/238).