The Local Government Pension Scheme (Governance) (Scotland) Regulations 2015
| Jurisdiction | Scotland |
| Citation | SSI 2015/60 |
2015No. 60
PUBLIC SERVICE PENSIONS
The Local Government Pension Scheme (Governance) (Scotland) Regulations 2015
17thFebruary2015
19thFebruary2015
1stApril2015
The Scottish Ministers make the following Regulations in exercise of the powers conferred by sections 1, 2, 5 and 7 of, and paragraph 3(b) of Schedule 2 to, the Public Service Pensions Act 2013( 1) and all other powers enabling them to do so.
In accordance with section 21 of that Act, they consulted representatives of such persons as appeared to them likely to be affected by these Regulations.
Citation, extent, commencement and interpretation
1.-(1) These Regulations may be cited as the Local Government Pension Scheme (Governance) (Scotland) Regulations 2015.
(2) These Regulations extend to Scotland.
(3) These Regulations come into force on 1st April 2015.
(4) In these Regulations-
"the 2014 Regulations" mean the Local Government Pension Scheme (Scotland) Regulations 2014( 2);
"Pension Board" means a pension board established under regulation 5;
"Pension Committee" means the committee of a scheme manager with responsibility for pensions;
"the Pensions Regulator" means the Pensions Regulator established by section 1 of the Pensions Act 2004( 3);
"relevant fund" means the pension fund or funds managed by a scheme manager in relation to whom a Pension Board has been established;
"relevant trade unions" means those trade unions which are accustomed from time to time to represent employees of local government in Scotland in negotiations with scheme employers;
"the Scheme" means the Local Government Pension Scheme established by the 2014 Regulations;
"scheme employer" means a scheme employer listed in Part 1 of Schedule 2 to the 2014 Regulations or an admission body described in paragraph 1 of Part 2 of that Schedule; and
"scheme manager" means an administering authority for the Scheme listed in Schedule 3 to the 2014 Regulations.
Scheme Advisory Board
2.-(1) There is established an advisory board ("the Scheme Advisory Board").
(2) The Scheme Advisory Board's main functions are-
(a) to provide advice to the Scottish Ministers, at the Scottish Ministers' request, on the desirability of changes to the Scheme; and(b) to provide advice (on request or otherwise) to the scheme managers or the Scheme's pension boards in relation to the effective and efficient administration and management of-(i) the Scheme and any statutory pension scheme that is connected with it; and(ii) any pension fund of the Scheme and any connected scheme.Constitution of the Scheme Advisory Board
3.-(1) The Scheme Advisory Board is to comprise-
(a) 7 representatives appointed by scheme employers; and(b) 7 representatives appointed by relevant trade unions.(2) Each set of representatives referred to in paragraph (1) is to nominate one of their number for appointment as Chair of the Scheme Advisory Board.
(3) The persons nominated under paragraph (2) are to be appointed as Chair of the Scheme Advisory Board for alternate years.
(4) No person may be appointed as Chair of the Scheme Advisory Board unless that appointment has been approved by the Scottish Ministers.
(5) The Scheme Advisory Board is to have two Joint Secretaries, one of whom is to be appointed by the...
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