Local Government Pension Scheme (Amendment) Regulations (Northern Ireland) 2007

PART 5 GOVERNANCE AND COMMUNICATION POLICY STATEMENTS

Governance policy statement

60.  After regulation 75 (the fund) there shall be inserted—

“Governance policy statement

75A.— (1) The Committee must, after consultation with such persons as it considers appropriate, prepare, maintain and publish a written statement setting out—

(a) whether the Committee delegates its function or part of its function in relation to maintaining a pension fund to a sub-committee or an officer of the Committee; and

(b) if it delegates that function or part of that function to a sub-committee or an officer of the Committee—

(i) the frequency of any sub-committee meetings;

(ii) the terms of reference, structure and operational procedures of the delegation; and

(iii) whether the sub-committee includes representatives of employing authorities or members, and if so, whether those representatives have voting rights.

(2) The first such statement must be published before 1st April 2008.

(3) The statement must be revised and published by the Committee following a material change in their policy on any of the matters referred to in paragraph (1).”.

Communication policy statements

61.  After regulation 108A (annual benefit statements) there shall be inserted—

“Communication policy statements

108B.— (1) The Committee must prepare, maintain and publish a written statement setting out its policy concerning communications with—

(a) members;

(b) representatives of members;

(c) prospective members; and

(d) employing authorities.

(2) In particular, the statement must set out its policy on—

(a) the provision of information and publicity about the Scheme to members, representatives of members and employing authorities;

(b) the format, frequency and method of distributing such information or publicity; and

(c) the promotion of the Scheme to prospective members and their employing authorities.

(3) The first such statement must be published before 1st April 2007.

(4) The statement must be revised and published by the Committee following such material change in their policy on any of the matters referred to in paragraph (2).”.