Administering authority discretions
The LGPS is one of the largest public sector pension schemes in the UK. It is a nationwide pension scheme for people working in local government or working for other types of employers participating in the scheme. The LGPS in England and Wales is administered locally through 88 local pension funds.
Surrey County Council manages the Surrey Pension Fund for members of the Local Government Pension Scheme (LGPS) and is known as the Administering Authority.
Under current and previous LGPS regulations, there are occasions where the Administering Authority has discretion as to how the Regulations should be applied and is therefore required to take decisions or make policies to be consistent in their adopted approach.
Read Surrey County Council's Statement of policy for administering authority pension discretions.