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Local Pension Board

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The Wiltshire Pension Fund administrates the Local Government Pension Scheme on behalf of over 55,000 members, managing assets of over £1.7 billion to fund the future liabilities of benefits.

Following the enactment of the Public Service Pension Act 2013, Wiltshire Pension Fund’s governance arrangements have changed. One of these changes has seen the creation of a new Pension Board from 1 April 2015. The Pension Board will be more involved with the overseeing of the Wiltshire Pension Fund to ensure the effective and efficient governance and administration of the Scheme.

What is a Local Pension Board?

The Public Service Pensions (PSP) Act 2013 included several provisions relating to better governance and improved accountability of all the various public sector pension schemes.

These arrangements also apply to the Local Government Pension Scheme (LGPS) with effect from April 2015 and one of the requirements is to establish a Local Pension Board for every LGPS Fund, with responsibility to assist the administering authority (also known as, the scheme manager):

Wiltshire Council as scheme manager of Wiltshire Pension Fund approved the Terms of Reference (TOR) for the establishment of its Pension Board at its meeting on 24 February 2015.  

These TOR specify the role of the Pension Board and how it will operate, including the number of scheme member and employer representatives required to be members of the Board and the frequency of meetings.  These terms of reference can be viewed at the link below:

Terms of Reference

What will the Local Pension Board do?

The Board’s role is to assist the Fund in ensuring the efficient and effective governance and administration of the LGPS.  This means making sure the Fund is compliant with all relevant legislation with the aim to safeguard the interest of all Pension Fund members and associated employer organisations.  

The Pension Board sits alongside the Wiltshire Pension Fund Committee in an oversight role, to assist by reviewing the governance arrangements of the Fund and ensuring policies and procedures are correctly implemented and followed.  

The Board consists of:

The Board also has access to a governance adviser.  At least four daytime meetings will take place in Wiltshire, and members must be willing to attend induction and training sessions where required.

The Pension Board has agreed a proposed Work Plan which can be viewed on the following link.

Local Pension Board Forward Plan

Local Pension Board Members are listed below and you can find their biographies by following the links

Independent Chair

Howard Pearce - Former Head of Pension Fund Management - Environment Agency

Employer Member Representatives

Lynda Croft - Director of Finance, Wiltshire College

Christopher Newbury - Wiltshire Councillor

Sarah Holbrook - Finance Operations Manager - The Police and Crime Commissioner for Wiltshire

Scheme Member Representatives

David Bowater - Wiltshire Council employee - Active member of the Scheme

Barry Reed - Union Representative - Retired member of the Scheme

Mike Pankiewicz - Union Representative - Active member of the Scheme

Further Information

Annual Report 2016

Full details of the Local Pension Board meetings, agendas, papers and minutes can be found on the link below:

http://cms.wiltshire.gov.uk/ieListMeetings.aspx?CId=1280&Year=0

If you have any questions regarding the Local Pension Board or would like further information please contact us by either calling 01225 713620 or emailing David.Anthony@wiltshire.gov.uk


Wiltshire Pension Fund logo Wiltshire Pension Fund, Wiltshire Council, County Hall, Bythesea Road, Trowbridge, Wiltshire, BA14 8JN. Tel: 01225 713613 Email: pensionenquiries@wiltshire.gov.uk
© 2009 Wiltshire Pension Fund.