Policy statements

The 2008 Local Government Pension Scheme Regulations (as amended) require us to publish policy statements.

Communication policy statement

This outlines the fund's position on:

• The provision of information and publicity about the Scheme to members, employers and representatives of members participating in the Fund.
• The promotion of the Scheme to prospective members and their employing authorities.
• The format, frequency and method of distributing such information or publicity

Governance Policy Statement and Compliance Statement

These cover:

• whether the administering authority delegates its functions in relation to the pension fund to a committee, a sub-committee or an officer of the Council; and where this is the case, details of: 
• the frequency of any committee's meetings;
• the terms of reference, structure and operational procedures in relation to the use of delegated powers;
• whether the committee includes representatives of employers or scheme members; and if so, whether they have voting rights. 

They set out our arrangements for discharging our responsibilities for pension fund matters.

Policy statement: discretions with the scheme

A policy statement to illustrate discretions found within the scheme that Buckinghamshire County Council has adopted as:

• The Pension Fund Administering Authority 
• An Employing Authority

Administration strategy

This outlines the administering authority's position on:

• The procedures for liaison between administering authority and participating employers.
• The required levels of performance for both the administering authority and participating employers and action to be taken where targets are not met.