Pension Fund Policies

Royal County of Berkshire Pension Fund Policy Statements

Statement of Policy Concerning Communications

Communications Policy Statement

Governance Compliance Statement

This statement details the compliance of the Royal Borough of Windsor & Maidenhead as the administering authority of the Royal County of Berkshire Pension Fund with the guidance issued for governance of the Local Government Pension Scheme by The Secretary of State for Communities and Local Government. This document has been prepared as required by Local Government Pension Scheme Regulations 2008.

Funding Strategy Statement

This document is the Funding Strategy Statement (FSS) of the Royal County of Berkshire Pension Fund (the Berkshire Fund or the Fund) as administered by the Royal Borough of Windsor and Maidenhead. It has been prepared by the administering authority in collaboration with the Actuary to the Fund, Barnett Waddingham, and after consultation with the Fund's employers and is effective from

Statement of Investment Principles

The Local Government Pension Scheme (Management and Investment of Funds) (Amendment) Regulations 2002 require an administering authority to publish a written statement of investment principles. The statement must set out the extent to which the administering authority complies with ten principles of investment practice contained in a document published in April 2002 by CIPFA (Chartered Institute of Public Finance and Accountancy) called "CIPFA Pensions Panel Principles for Investment Decision making in the Local Government Pension Scheme in the United Kingdom".
The ten investment principles were issued by the Government in October 2001 in response to proposals in the Myners Review of Institutional Investment in the United Kingdom, issued in March 2001.

Service Level Agreement

This document has been prepared as a service level agreement between the administering authority and the pension administration team and sets out service standards or 'promises' of the level of service that the team will provide to ensure that the administering authority achieves its statutory responsibilities.

Abatement Policy

The Royal Borough of Windsor & Maidenhead as the administering authority to the Royal County of Berkshire Pension Fund is required by LGPS regulations to issue a policy statement on how it intends to abate pensions in the event of a former scheme member's re-employment. The following document is the current policy statement.