Who runs the pension fund
Who runs the Essex Pension Fund?
The Essex Pension Fund is run by Essex
County Council (ECC) which is the Administering Authority for the
Local Government Pension Scheme (LGPS) in Essex.
The Administering Authority has
responsibility for applying the statutory provisions of the LGPS
In 2008, ECC established the Essex Pension
Fund Strategy Board (PSB) as an overarching body to oversee the
functions of the County Council as the Administering Authority for
The Public Service Pensions Act 2013 has
required the creation of a second Board known as the Essex Pension
Fund Advisory Board (PAB) in April 2015. The PAB is formed of an
equal number of representatives from scheme employers and scheme
members. Its purpose is to assist the PSB and Fund Officers to
comply with their statutory duties under the LGPS and related
All Fund Officers responsible for the
administration of the Fund, including LGPS benefits administration,
pensioner payroll, scheme employer functions and Investment
functions, report to the PSB.