Your Pension Service is responsible for the administration of the Local Government Pension Scheme (LGPS). This administration service is carried out on behalf of Lancashire County Council, who are required in law to provide an administration service for the scheme within the geographical area of Lancashire. Whilst the scheme is administered locally by the County Council, it is controlled centrally by the Department for Communities and Local Government.
Your Pension Service administers the pension scheme on behalf of approximately 120 employers within the Lancashire area. These employers range from local authorities such as Lancashire County Council, Blackburn with Darwen Borough Council, Blackpool Borough Council, to further and higher education colleges and other scheduled bodies. The fund also includes a number of bodies who have an admission agreement with the County Council to participate within the pension fund. The Lancashire County Pension Fund includes approximately 50 admitted bodies such as charities and other non-profit making organisations.
The service also provides a range of pensions administration services to Cumbria County Council, Lancashire Police Authority, Lancashire Fire and Rescue service and Lancashire Education Authority
The main activities of the section are to administer and maintain records and to calculate benefits on behalf of members and employers of the various schemes.