Issue - meetings

LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE

Meeting: 14/12/2022 - Pensions Committee (Item 6)

6 LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE pdf icon PDF 629 KB

Additional documents:

Minutes:

The Senior Manager for Operations and Information Governance introduced a report of the Director of Pensions which provided members with an update on the National Pensions Dashboard programme and the associated impacts on the Fund’s administration. Members were provided with an overview of recent developments and the aims of the dashboard project. Members were informed that work was being undertaken with the Fund’s system supplier on software solutions which were required to securely connect to the dashboard at the required staging dates. It was noted that all LGPS Funds were required to connect and respond to data requests by September 2024, with a requirement to provide data detailing accrued and projected pension values by April 2025. However, the pensions dashboard would only be made publicly available when the security of the infrastructure and governance framework had been approved by the Money and Pensions Service, the IT providers and Government.

 

Resolved – That the legislative developments, required actions and timescale to connect to the pension dashboard infrastructure be noted.