Issue - meetings
LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE
Meeting: 16/12/2022 - Local Pension Board (Item 6)
6 LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE PDF 363 KB
Additional documents:
- Enc. 1 for LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE, item 6 PDF 628 KB
- Webcast for LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE
Minutes:
The Senior Manager for Operations and Information Governance introduced a report which provided members of the Board with an update on the National Pensions Dashboard programme and the associated impacts on the Fund’s administration. The Board 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.
Members of the Board discussed the future enhancement of the Fund’s MyPension website and how there could be possibilities to connect this with the dashboard at a future date.
Resolved – That the report be noted.