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Local Government Pension Scheme | Nottinghamshire County Council

Local Government Pension Scheme. This is an occupational pension scheme available to employees of Nottinghamshire County Council, along with other Local Government organisations such as Nottinghamshire District and Borough Councils, many Nottinghamshire Colleges and some smaller employers in Nottinghamshire. More information about the scheme …

www.nottinghamshire.gov.uk/jobs-and-working/working-for-us/employee-benefits/…

Benefits advice and information | Nottinghamshire County Council

Benefits advice and information. Our Benefits Team provide advice to ensure that people are receiving the benefits they are entitled to and help to maximise their income and enable them to live…

www.nottinghamshire.gov.uk/care/benefits-finance/benefits

NOTTINGHAMSHIRE COUNTY COUNCIL PENSION FUND Introduction

The pension fund exists to help defray the cost of paying the pension benefits. Members make contributions to the Fund as specified in the regulations and employers make contributions as determined…

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Nottinghamshire Pension Fund

Pay pensions, lump sums and other benefits provided under the LGPS Regulations. Meet the costs associated in administering the Fund. Receive contributions, transfer values and investment income.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Communications Strategy Nottinghamshire Pension Fund July 2021

The Pensions Office currently ensures that all new staff receive induction and training, so that they can undertake their duties and responsibilities effectively. The Pensions Office has Team…

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

NOTTINGHAMSHIRE COUNTY COUNCIL PENSION FUND Introduction

The pension fund exists to help defray the cost of paying the pension benefits. Members make contributions to the Fund as specified in the regulations and employers make contributions as determined…

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Local Pensions Board – Nottinghamshire County Council

increased pensions as a result of the judgement, while some might have been overpaid – though this was not anticipated to be a large number. There is a need to go back scheme employers with a request for data going back to 2012. This could mean up to 24,000 records, though the software provider will be able to generate some reports.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Report to Nottinghamshire Pension Fund Committee

The Pensions Regulator has continued to raise concerns across the LGPS Funds relating to data quality and the need for improvement. The Regulator requires all Funds to maintain accurate records. The Fund is required to have a data improvement plan as specified by the Regulator. Failure to do so can put the Pension Fund at risk of failing to …

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Local Pensions Board – Nottinghamshire County Council

The Pensions Manager introduced the risk register report, highlighting a number of areas for the attention of the Board. The first risk that was highlighted related to resources, with reference being made to difficulties in recruitment; this was a common theme for all funds and would be explored by the Department of Levelling Up.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

A paper by the Advisor to the Pension Board March 2021

This £95,000 however included the value of any pension strain cost payable by an Employer to an LGPS Fund to facilitate immediate full payment of a Scheme Member (employees) LGPS Pension (as the…

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Flexible Retirement Policy – Nottinghamshire County Council

payment of pensions will be dealt with at the Employee Service Centre at Oak House, Ruddington. LGPS Pensions Helpline Pension scheme members can obtain further information by contacting the Council’s pension help line on (0115) 846 3333. More information about local government pension scheme is available on the LGPS web site: www.lgps.org.uk

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Nottinghamshire Pension Fund Committee – Nottinghamshire County Council

HMT has confirmed that employer funded early access to pensions (strain cost) will be within scope of the exit payment although the cap will not apply to all employers in funds as it currently stands. c. The Government is committed to strong governance and that any exceptions process for

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

NOTTINGHAMSHIRE PENSION FUNDS – Nottinghamshire County Council

3. Principles. 3.1 The Fund will aim to be sufficient to meet all its obligations on a continuing basis. 3.2 The Fund will be invested in a diversified range of assets. 3.3 Independent advice on the suitability of types of investment will be obtained on a regular basis.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Report to Nottinghamshire Pension Board – Nottinghamshire County Council

Pensions Administration System 21. The Pension Administration system used by the Nottinghamshire Pension Fund is the Universal Pensions Management (UPM) system, provided by Civica UK. UPM was implemented in 2015 and is an ‘on premise’ system with the servers located at the County Hall Data Centre and the Node 4 site in Derby, for resilience.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Nottinghamshire Pension Fund

November 2015: Government produced a set of principles against which authorities were invited to bring forward proposals for “asset pools”. These principles included the following objectives: target size for pools. Make savings – No target was set but the word “substantial” gave an insight into the expectations. Include good governance.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Paying for care and support | Nottinghamshire County Council

Most people have to contribute something towards the cost of their care. We will need to know how much money you have coming in from any pensions and benefits you receive, as well as details of…

www.nottinghamshire.gov.uk/care/adult-social-care/paying-for-care

Nottinghamshire Pension Fund Committee – Nottinghamshire County Council

Pensions Fund – Key Figures. The funding level is calculated by the Fund’s actuary Barnett Waddingham every 3 years. The 2019 valuation is currently underway, and the initial results are expected in the next few months. The funding level will change based on a combination in the movement of asset values and liabilities.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Pensions Sub-Committee – Nottinghamshire County Council

Pensions Sub-Committee Tuesday, 16 July 2013 at 14:00 County Hall, County Hall, West Bridgford, Nottingham NG2 7QP 1 Appointment of Chairman & Vice -Chairman to the Sub – Committee Details 2 1-2 Minutes of last meeting held on 13 Dec 2012 Details 3 -6 3 Apologies for Absence

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Nottinghamshire Pension Fund Committee – Nottinghamshire County Council

2.1 The Pensions Regulations require the Local Government Pension Scheme (LGPS) Pension Funds to allow an admission to its scheme if the organisation is one that is providing or which will provide a service or assets in connection with the exercise of a function of a scheme employer, as a result of the transfer of the

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…

Nottinghamshire County Council Pension Fund

recommendations to the Pensions Committee on all matters relating to the regulation of and admission to the pension scheme including all matters relating to beneficiaries.

www.nottinghamshire.gov.uk/DMS/Document.ashx?czJKcaeAi5tUFL1DTL2UE4zNRBcoShgo…