Services offered 2012/13 - Sunderland Learning Hub

Local Government Pension SchemeProduction and maintenance of the data required by the Tyne & Wear Pension Fund for theadministration/ calculation of pension benefits of members pension records within the time limitsof the disclosure regulations in relation to:• Starters• Leavers - including voluntary resignations, retirements, redundancies, ill healthretirements and those on the grounds of efficiency, all within the time limits of thedisclosure regulations.• Changes• Regulation C2 benefitsCompletion and reconciliation of year end data required for::• Pension contributions• National insurance contributions• AVC contributions• Purchase of additional service/additional pension contributions• Calculation of average hours for members on PVH contracts• Liaising and provision of advice/support as necessary with the Academy, employees andthe LGPS.• The provision of data required by the pension fund Actuary in the triennial valuation of thescheme.• Liaising with the Tyne & Wear Pension Scheme and other service departments to resolvequeries arising from the maintenance of member pension records.• The implementation of changes to pension scheme regulations ensuring that statutorychanges are implemented in a timely manner.• Co-operation and active assistance in applications through the pension scheme internaldisputes resolution procedure in all 3 levels of dispute up to Pensions Ombudsman level.• The supply and verification of data for statutory annual returns and the supply of data asrequested by the Department for Communities and Local Government• Maintenance and review of the various discretions required of each employer by thepension scheme regulations and the provision of information on the implementation ofthose discretions.• Compliance with Employment Tribunal requests• The provision of advice and support to the outside bodies contracted to the employer onall matters relating to pensions.• Maintenance of all pension records and completion of pension calculations in accordancewith the Regulations completed in a timely manner.• Adherence to the Pension Funds Statement of Understanding.Teachers Pension Scheme• The notification of new starters; leavers; changes to the Teachers Pension Scheme andthe provision of statutory information required to maintain individual member records.• In relation to leavers within the Teachers Pension Scheme and the provision ofinformation to ensure that member’s pension benefits are correct, including thecalculation of pensionable pay and provision of other statutory information.• Notification to the administrators of changes which will affect members’ retirementbenefits.• Completion of TR17 and the Teachers Pensions Annual Return in accordance with DfEtimescales.• The supply and verification of data to the employer for the completion of various statutoryannual returns within specified timescales.106