The Local Government Pension Scheme (LGPS) was established in accordance with statute to provide death and retirement benefits for all eligible employees.
The county council is the designated statutory body (Administering Authority) responsible for administering the Gloucestershire LGPS Fund on behalf of its scheduled and admitted bodies. The council is responsible for setting investment policy, appointing suitable persons to implement that policy and carrying out reviews and monitoring of investments and performance.
The council have delegated the duties of the Administering Authority to the Pension Committee, formerly known as the Investment Committee, whose role it is to advise the full Council on any matter relating to the proper management and maintenance of the Gloucestershire Pension Fund. The Committee can appoint investment advisors and consultants to assist them in this role.
The Committee has delegated the day-to-day management of the Fund's investments to professional investment managers, whose activities are governed by detailed Investment Management Agreements.
LGPS Regulations require administering authorities to prepare, maintain, and publish a various statements.
See Downloads below for the most recent statutory statements and publications