Shropshire County Pension Fund administers the Local Government Pension
Scheme (LGPS), which provides occupational pensions for employees (other
than teachers) of local authority employers within the geographical area of
Shropshire. This includes support staff employed by academies, employees of
organisations which have entered into admission agreements with the fund and
bodies who have made a resolution to join the fund.
Shropshire Council is required by law to administer the LGPS in Shropshire. It is accountable to the Pensions Committee, the Pensions Board, participating employers and scheme members. The responsibilities for scheme administration are met in-house by the Pensions Administration Team based within the Resources service area within Shropshire Council.
Administration includes the collection of employee and employer contributions and member data from all fund employers, the calculation of member benefits (including transfers in and out) and payment of pension benefits to retired members; as well as looking after the benefits for deferred members who have not yet taken payment. The scheme not only provides pensions for members but also survivor benefits to spouses, civil and cohabiting partners and children.
Shropshire County Pension Fund has more than 50,000 members and 224
Employers, all looked after by 30 members of staff in the Pensions Administration Team.
Responsibility for administration of the Shropshire County Pension Fund has been delegated by the Executive Director of Resources to the Head of Pensions - LGPS Senior Officer.