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How the Fund works

Scheme Advisory Board

The Local Government Pension Scheme (Scotland) Advisory Board provides advice on changes to the Scottish LGPS scheme design and the implication of other policy issues.

The Scheme Advisory Board is a national body which is responsible for:

  • providing advice on request about the desirability of changes to the design of the scheme; policy issues and changes to scheme regulations
  • discussing and commenting on the potential implications of future valuation outcomes
  • making recommendations on adjustments to the Scheme in the event that costs breach the employer cost cap
  • provide advice to the Scheme managers or the Scheme‚Äôs pension boards in relation to the effective and efficient administration and management of the Scheme.

The Scheme Advisory Board website is  http://lgpsab.scot/