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LOCAL GOVERNMENT PENSION SCHEME

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					                       DERBYSHIRE PENSION FUND

            LOCAL GOVERNMENT PENSION SCHEME

                                                           EMPLOYERS’ NEWSLETTER
                                                                       NUMBER 74


Local Government Pension Scheme
Consultation Exercise – Results
Recommended Change to your Transfers-in Policy

Following the recent consultation exercise with all Scheme employers, at its meeting
on 27 August 2010 Pensions Committee approved a change to Derbyshire County
Council’s policy on transfers-in and also recommended that all employers in the Fund
adopt a new policy. Abatement was not taken to Pensions Committee and has been
deferred to a future meeting.

In order that we can operate a common approach for all employers it is
suggested that a start date of 1 December 2010 is used.

I attach the Director of Finance’s letter dated 7 September 2010 detailing Committee’s
recommendation.

I also provide a link to the Employers Newsletters area on our website where you can
view the following related documents on newsletter 74;

Pensions Committee Report dated 27 August 2010
Appendix 1 – Pensions Committee Report dated 31 March 2010
Appendix 2 – Numbers of transfers from and to Other Pension Schemes and
Arrangements.
New transfer-in request form - 1 December 2010.

http://www.derbyshire.gov.uk/working_for_us/pensions/employers/newsletters/default.asp

If you have any questions regarding the recommendation to change your policy on
transfers-in please contact Ian Howe on direct line 01629 538827.


Pensions Section
Corporate Finance Division
Corporate Resources Department
Derbyshire County Council
Matlock
Derbyshire
DE4 3AH

September 2010