Scheme Advisory Board definition
Examples of Scheme Advisory Board in a sentence
At present, the scale and nature of any increase in liabilities are unknown, which limits the ability of the Fund to make an accurate allowance.The LGPS Scheme Advisory Board (SAB) issued advice to LGPS funds in May 2019.
The LGPS Scheme Advisory Board (SAB) issued advice to LGPS funds in May 2019.
The Pension Board will also help ensure that the NYPF is managed and administered effectively and efficiently and complies with the code of practice on the governance and administration of public service pension schemes issued by the Pension Regulator, with due regard to guidance issued by Government, the Pensions Regulator and the National Scheme Advisory Board.
Legislation requires HM Treasury and the Scheme Advisory Board (SAB) to undertake periodic valuations to monitor the cost of the LGPS to ensure it remains sustainable and affordable.
Initial results from the Scheme Advisory Board process indicated that benefit improvements / member contribution reductions would be required.
Attention will also be given to the guidance issued by the Scheme Advisory Board, the Pensions Regulator, Local Government Association and guidance issued by the Secretary of State.
Following this review it will submit a report on the progress of asset transfers to the Scheme Advisory Board, in line with the guidance.
HM Treasury and the Scheme Advisory Board had paused their reviews following the McCloud judgement in the Court of Appeal.
The Board received the following items from the Scheme Advisory Board (SAB) for information and / or discussion.
In practice a range of people and bodies act as Scheme Advisers including the Scheme Administrator, the Chief Fire Officer and other Officers within the Service, the Local Government Association, the Scheme Advisory Board and the Department for Communities and Local Government.