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 Operate the Fund as per the Scheme Regulations  Collect and account for employer and employee contributions, investment income and other amounts due to the Fund as stipulated in the Scheme Regulations  Invest surplus monies in accordance with the Regulations  Ensure that sufficient cash is available to meet liabilities as and when they fall due  Pay relevant benefits from the Fund as set out in the Scheme Regulations  Manage the actuarial valuation process in consultation with the Fund's Actuary, including providing all required data and employer covenant analysis  Prepare and maintain a Funding Strategy Statement and Statement of Investment Principles after proper consultation with interested parties  Monitor all aspects of the Fund's performance and funding, and amend the Funding Strategy Statement/Statement of Investment Principles accordingly  Take measures as set out in the Scheme Regulations to safeguard the Fund against the consequences of employer default  Effectively manage any potential conflicts of interest arising from its dual role as both Fund administrator and scheme employer  Manage any exit valuation in consultation with the Fund's Actuary  prepare and maintain admission, exit, bulk-transfer and charging policies, copies of which are included in this document  Enable the Pension Board to review the valuation process as set out in their Constitution  Fulfil all other duties as specified in Lothian Pension Fund's Pensions Administration Strategy – available in the ‘Publications' section of the Fund's website www.lpf.org.uk

资助策略声明-Lothian养老基金

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