Examples of the LGPS Regulations in a sentence
As academies are defined in the LGPS Regulations as “Scheduled Bodies”, the Administering Authority has no discretion over whether to admit them to the Fund, and the academy has no discretion whether to continue to allow its non-teaching staff to join the Fund.
Employees’ benefits are guaranteed by the LGPS Regulations, and do not change with market values or employer contributions.
These employers are so-called because they are specified in a schedule to the LGPS Regulations.
Ensure the Pension Fund’s strategy and policy documents are in place and have been maintained in accordance with the LGPS Regulations.
Contributions are made by active members of the Fund in accordance with the LGPS Regulations 2013 and range from 5.5% to 12.5% of pensionable pay.
Review the Pension Fund’s performance in complying with the requirements of the LGPS Regulations and any other legislation relating to the governance and administration of the LGPS.
Assets are also used to pay transfer values and administration costs.The roles and responsibilities of the key parties involved in the management of the Fund are summarised in Appendix B.1.3 Why does the Fund need a Funding Strategy Statement?Employees’ benefits are guaranteed by the LGPS Regulations, and do not change with market values or employer contributions.
Employees’ benefits are guaranteed by the LGPS Regulations and do not change with market values or employer contributions.
Information on the framework for calculating contributions to be paid is set out in the LGPS Regulations 2013 and the Fund’s Funding Strategy Statement.
Transfer values represent the amounts received and paid during the year for members who have either joined or left the Fund during the financial year and are calculated in accordance with the LGPS Regulations.