Hampshire has a combined Pension Fund Panel and Board.
In its role as the Pension Fund Panel for the Hampshire Pension Fund, the Pension Fund Panel and Board is responsible for the County Council’s statutory functions as administering authority of the Hampshire Pension Fund under the Local Government Pension Scheme Regulations and associated legislation under sections 7, 12 and 24 of the Superannuation Act 1972. This includes dealing with all matters arising that relate to the Hampshire Pension Fund, including the management and investment of the Fund.
In its role as the Pension Board for the Hampshire Pension Fund it is responsible for assisting Hampshire County Council, as the administering authority of the Hampshire Pension Fund, to secure compliance with the Local Government Pension Regulations 2013 and any other legislation relating to the governance and administration of the Local Government Pension Scheme (‘LGPS’), for securing compliance with requirements imposed in relation to the LGPS by the Pensions Regulator and for ensuring the effective and efficient governance and administration of the Hampshire Pension Fund.
This appointment is one of two Representatives for all Hampshire District Councils and is made by the Hampshire and Isle of Wight Local Government Association.