The role of the Local Pension Board is to assist the scheme
manager (known as the administering authority) in securing compliance with the
Local Government Pension Scheme regulations, other legislation and the
requirements of the Pensions Regulator. Unlike the Local Pension Committee, the
focus of the Board is on administration not investments.
The Local Pension Board for the Leicestershire Pension Fund
comprises of six representatives; three employer representatives who are all elected
members (two from Leicestershire County Council and one from Leicester City
Council) and three employee representatives (all scheme members).