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The Local Government Pension Scheme (LGPS) regulations (Admission bodies)

The LGPS regulations 2013, Schedule 2, Part 3 details the admission bodies that the Kent Pension Fund (the Fund) may enter into an admission agreement with:

(a) a body which provides a public service in the United Kingdom which operates otherwise than for the purposes of gain and has sufficient links with a scheme employer for the body and the scheme employer to be regarded as having a community of interest (whether because the operations of the body are dependent on the operations of the scheme employer or otherwise).

(b) a body, to the funds of which a scheme employer contributes

(c) a body representative of—
(i)    any scheme employers, or
(ii)   local authorities or officers of local authorities.

(d) a body that is providing or will provide a service or assets in connection with the exercise of a function of a scheme employer as a result of—
(i)   the transfer of the service or assets by means of a contract or other arrangement
(ii)   a direction made under section 15 of the Local Government Act 1999 (Secretary of State’s powers)
(iii)  directions made under section 497A of the Education Act 1996.

(e) a body which provides a public service in the United Kingdom and is approved in writing by the Secretary of State for the purpose of admission to the scheme.

Most admission bodies fall under Schedule 2, Part 3, 1(a) or 1 (d) (i).

An admission body is:

  • usually a commercial body
  • admitted to the Fund by way of an admission agreement
  • required to enter into an indemnity/bond or guarantee in a form approved by Kent County Council as the administering authority for the Fund.