Public Sector Pensions

We advise on a wide range of issues in relation to the various public sector schemes such as the Local Government Pension Scheme, NHS Pension Scheme, Principal Civil Service Pension Scheme, Teachers’ Pension Scheme and Scottish Teachers’ Pension Scheme, including:

• Admissions: preparing, reviewing and advising on Admission Agreements and pass-through agreements, risk-sharing and cap and collar arrangements.
• Security: preparing, reviewing and advising on Guarantee Bonds, Parent Company Guarantees, Personal Guarantees and Legal Charges.
• Investments: reviewing Investment Management Agreements, Unit Trust Application Forms and governing documents in relation to proposed investments in pooled funds.
• Administering authorities, scheme employers & contractors: advising on exit credits and exit payments, New Fair Deal, Best Value Direction, broadly comparable schemes, Beckmann Rights, ill-health early retirements, internal dispute resolution procedures and the preparation of discretions policies.