Are you looking for a Fund?
The LPFA welcomes applications from new employers wishing to join the pension fund.
Scheduled and Resolution Bodies
Some types of bodies may still be able to participate in the LPFA fund as a Scheduled or Resolution Body. A scheduled and resolution body is defined in Part 1 of Schedule 2 of the 2013 Local Government Pension Scheme Regulations .
If you believe that your organisation meets the requirement of a scheme or resolution body then contact Tony Williams, Head of Employer Risk Services on 0207 369 6237 or email@example.com for further details or to seek clarification on any issue.
If a body does not qualify as a scheduled or resolution body then the body must meet the definition of an ‘admission body’ and must enter into an admission agreement with the Fund. The criteria for gaining admitted body status is defined in Part 3, paragraph 1 of Schedule 2 of the Local Government Pension Scheme Regulations 2013.
The key features of participation of an admission body are summarised below:
Method of Participation – Admission Agreement, subject to approval of LPFA Business and Administration Committee;
Indemnity Requirements – Guarantor, bond or indemnity;
Ongoing Participation – Participation continues unless organisation elects to terminate admission agreement, last active member leaves or contract expires;
Minimum lifespan of organisation – Future working life, unless requested by DCLG or admission is approved by the LPFA Board;
Entry to LGPS – Employer discretion on who can become a member and if they require an open/closed/nominated agreement.
If you believe that your organisation meets any of the admission body definitions then please complete the LPFA Admission Body Status application form found here. Or alternatively, please contact Tony Williams, Head of Employer Risk Services on 0207 369 6237 or firstname.lastname@example.org for further details or to seek clarification on any issue.