Scheme employer definition
Examples of Scheme employer in a sentence
If a Scheme employer designates any of their employees as not being eligible for membership of the LGPS an alternative pension scheme must be provided for those employees.
On these occasions the Scheme employer is required to manually calculate the revised figures and manually amend their payroll where necessary.
To be a designation body the Scheme employer must be either a Schedule 2 Part 2 Scheme Employer (which includes parish, town and community councils) or an admission body.
This will automatically apply to the non-active liabilities of admission bodies in Part 3 paragraph 1(d)9i) of Schedule 2 which commenced in the Fund after 15 December 2017, i.e. these liabilities and any associated assets will be subsumed by the relevant Scheme employer.
The Fund reserves the right to also request immediate payment of any ill-health strain payment not covered by the Fund’s ill health insurance policy The Fund may require any actuarial, legal, administration and other justifiable cost to be paid by the Scheme employer.