In 2011 the Independent Public Service Pensions Commission undertook a review of all public service pension schemes. Subsequently, the commission made a set of recommendations aimed at ensuring public service pensions would be sustainable and affordable in the future while providing an adequate level of retirement income for members. The government then laid out a set of principles for their on-going administration. These were introduced in the Public Service Pensions Act 2013 ('the 2013 Act') and introduced national advisory boards and local pension boards for all public service pension schemes. For the first time they also gave the Pensions Regulator (tPR) a role in ensuring good governance of public service pensions.
This piece of legislation, which came into force on 1st April 2015, required each Scheme Manager (the Chief Constable) to create a Pensions Board in order to assist them in their role.
On 1st April 2015, the Joint Police Pension Board was introduced to aid all participating forces (see table 1 below) in reducing the burden, effort, and expense of maintaining their own individual board whilst at the same time ensuring that they comply with legislative requirements and demonstrate that they are administering the Police Pension Schemes in a proper and appropriate manner.
|Linconlnshire||National Crime Agency|
|Thames Valley||Warwickshire (from May 2016)|
|West Mercia (from May 2016)||West Yorkshire|
The Joint Police Pension Board was originally created with six members, which expanded to eight in 2016, representing equally both employers and members. There is a requirement that the membership of the board have "the capacity to represent the employers or the members".
The Board is responsible for: