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Publishing scheme information (PSPS)

Code in force: 28 March 2024

  1. Scheme managers of public service pension schemes must publish certain information about the pension board and keep that information up to date.
  2. 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.
  3. Scheme managers 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 law. Scheme managers should consider requests for additional information to be published, to encourage scheme member engagement and promote a culture of transparency.
  4. Scheme managers may consider how best to publish information, making use of the principles outlined in General principles for member communications.
  5. The scheme manager must publish and maintain:
    1. the names of pension board members
    2. details about the representation of scheme members on the pension board
    3. details of the matters for which the pension board is responsible1
  6. Scheme managers may also publish:
    1. the employment and job title (where relevant) and any other relevant position each board members holds
    2. details of the pension board recruitment process
    3. who each pension board member represents
    4. the full terms of reference for the pension board, including details of how it will operate
    5. any specific roles and responsibilities of individual pension board members
  7. Scheme managers should:
    1. have policies and processes to monitor all published data on an ongoing basis to ensure it is accurate and complete
    2. ensure any out-of-date or incorrect information identified is updated as soon as possible and in any event, within one month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 information

Pension board

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

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

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