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FPS Administration Strategy.pdf

Bulletin-34-Appendix-2-Draft-FPS-admin-strategy-June-2020.pdf

🔗 Source: fpsregs.org

📊 Size: 552 KB

👤 Author: Eunice Heaney

⬇️ Downloads: 114

Summary

The Firefighters' Pensions Scheme Advisory Board (SAB) commissioned a benchmarking review in 2018, which recommended implementing a locally developed pension administration strategy to formalize standards and expectations for the Fire and Rescue Authority (FRA) and their administrator. The strategy aims to ensure consistency in service offered to scheme members, with 45 FRAs in England responsible for managing the scheme. The document outlines the roles and responsibilities of the FRA, administrator, and Local Pension Boards, including compliance, review, liaison, and communication. It also covers employer duties, such as discretions, internal dispute resolution, and data transfer, as well as administrator duties, including performance reporting and audit. The strategy is based on a template provided by the SAB secretariat to demonstrate best practice in administration and management of the Firefighters' Pension Scheme (FPS).

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Description

The Firefighters' Pensions Scheme Advisory Board (SAB) commissioned a benchmarking review in 2018, which recommended implementing a locally developed pension...

Technical Information

File Format: PDF
File Size: 552 KB
Pages: 19
Language: EN
Author: Eunice Heaney
Total Downloads: 114
Last Updated: 2 weeks ago

Document Overview

This PDF document about FPS administration strategy provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into FPS administration strategy.