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Publishing information about public service pension schemes

Important

Early draft of the code of practice

This code is not in force yet. It is an early version for the new code of practice consultation.

To give us feedback on issues such as the design, usability and navigation of this code, email us at webfeedback@tpr.gov.uk.

You can also read more information about the consultation.

Published: 17 March 2021

Scheme managers of public service pensions schemes must publish certain information about the pension board and keep that information up-to-date.

This will ensure that scheme members can easily access information about who the pension board members are, the representation of scheme members on the pension board, and the responsibilities of the board.
Governing bodies may also consider publishing information about pension board business, for example board papers, agendas and minutes of meetings. These may be redacted to the extent that they contain confidential information and / or data protected by data protection legislation. Governing bodies should consider requests for publication of additional information, to encourage scheme member engagement and promote a culture of transparency.

Governing bodies may consider how best to publish information, making use of the principles outlined in General principles for member communications.

The scheme manager must publish and maintain:

  • the names of pension board members
  • details about the representation of scheme members on the pension board
  • details of the matters for which the pension board is responsiblePU1

Governing bodies may also publish:

  • the employment and job title (where relevant) and any other relevant position each board member holds
  • details of the pension board recruitment process
  • who each pension board member represents
  • the full terms of reference for the pension board, including details of how it will operate
  • any specific roles and responsibilities of individual pension board members

Governing bodies should

  • have policies and processes to monitor all published data on an ongoing basis to ensure it is accurate and complete
  • ensure any out of date or incorrect information identified is updated as soon as possible and in any event within one month

Glossary and legal references

Data protection legislation

The laws and regulations established to protect personal data including the Data Protection Act 2018 and UK GDPR

Public service pension scheme board

A board created to advise the relevant scheme manager in accordance with section 5 of the Public Service Pensions Act 2013

PU1Section 6(1) of the Public Service Pensions Act 2013
[Section 14(1) of the Public Service Pensions Act 2014]