For those of you that are Scheme Employers participating in the Local Government Pension Scheme (LGPS), you will know that you are required to formulate, publish and keep under review a written Policy Statement on Discretions. Many of you will have had such a policy in place for many years, which sets out how you as an organisation will exercise the various discretions that exist for employers in the LGPS.
Regulation 60 of the LGPS Regulations 2013, which came into force on 1 April 2014, requires that all Scheme Employers update their Policy Statement in line with the new Regulations and send a copy of their Policy Statement to each relevant administering authority that it participates in by 1 July 2014.
If you have not already done this there is still time.
If you need help in updating your Policy Statement we can help.
For more information please contact Katie Maguire on 020 7880 4337 or by e-mail at email@example.com