The Pension Board is
responsible for assisting the Scheme Manager (SYFRA)*
in:
3.1. Ensuring effective and efficient
administration and governance of the FPS.
3.2.
Taking cognisance of decisions made by the Fire and
Rescue Authority (FRA) in respect of pensions issues, including
consideration of cases that have been referred to the Pensions
Regulator and/or the Pensions Ombudsman, referring issues to
the
FRA as Scheme Manager, involvement of a Link Member from the FRA on
the
Local Pension Board to provide an exchange of information, minutes
of the Board submitted to the FRA, Local Pension Board Annual
report submitted to the FRA.
3.3. Recommending
changes to processes, learning and development and/or guidance
where necessary.
3.4. Monitoring administrative processes and
supporting continuous improvements.
3.5. Ensuring the
Scheme Administrator (West Yorkshire Pensions Fund) supports the
employer to communicate the benefits of the FPS and fully utilise
them as part of the Fire Service’s total reward offer through
effective communication to members.
3.6. Ensuring the
Scheme Administrator supports members with a range of tools to
improve their understanding of their pension benefits as part of
the total reward offer, and to inform their personal financial and
career planning.
3.7. Compliance with Pensions Regulator Codes of
Practice.
3.8. Fostering good working relationships with
the Pensions Regulator.
3.9. Consideration
of the annual report from the Pensions Regulator, including any
responses to recommendations.
3.10.Producing an annual report which will highlight
areas of concern and identify good practice. The report will also
contain information on the number of retirements (natural and ill
health), new starters, membership and opt-out).
*The Scheme manager (FRA)
remains responsible under legislation for managing and
administering the
firefighter pension schemes.