The current statutory regulations that the Local Government Pension Scheme (LGPS) are bound by are the 2013 regulations.
Schedule 2 Part 2
This section of the regulations lists employers who are able to join the LGPS by way of making a resolution (hence the term ‘resolution bodies').
Some of these include:
“2. A body (other than a body listed in Part 1 of this Schedule) which is—
(a) a precepting authority within the meaning of section 69 of the Local Government Finance Act 1992(b) (interpretation),
(b) a levying body within the meaning of section 74 of the Local Government Finance Act 1988(c) (levies), or
(c) a body to which section 75 of that Act (special levies) applies.”
“5. An entity connected with a local authority listed in paragraphs 1 to 5 of Part 1 of this Schedule where “connected with” has the same meaning as in section 212(6) of the Local Government and Public Involvement in Health Act 2007(e).”
“13. An urban development corporation.”
Whilst this is a simple method of joining, it should not be done without first considering the full implications and costs of being bound by the statutory provisions of the LGPS.
The new employing organisation must be established before it can apply to join the LGPS. In addition, where the employer is ‘connected with’ a local authority (under point 5 above), all of the issues on the Questionnaire for application of a LATCo (DOCX, 46.5 KB) must be agreed with the ‘connected with’ local authority and formally documented in writing.