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NILGOSC News: General

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NILGOSC publishes 2022/23 Annual Report

This publication includes reports on performance and accountability along with the Financial Statements. It also has information on the Committee members, Investment Managers, Advisors and Officers.

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McCloud Remedy – new pages

The LGPS (NI) rules changed from 1 October 2023. These changes are known as the McCloud remedy. We have created a new section of this website to help members understand whether they are affected by the McCloud remedy and what it might mean for them.

New Regulations Published for the LGPS (NI)

The Local Government Pension Scheme (Amendment No. 2) Regulations (Northern Ireland) 2023 were made on 28 September 2023 and came into operation on 1 October 2023.

Jenna Fisher receiving the Scheme Administration Award.

NILGOSC has double cause for celebration at the LAPF Investment Awards 2023

NILGOSC has been recognised by the pensions industry at the 2023 LAPF Investments Awards, winning awards for both Scheme Administration and Sustainable Investment Strategy – Climate.

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Protect your Pension from Fraudsters

Your LGPS (NI) pension is one of the most valuable assets you own

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Give your money a midlife MOT with MoneyHelper!

The service will help you assess your current financial situation and plan for the future.

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NILGOSC remains a signatory to the UK Stewardship Code

NILGOSC is delighted that its second Stewardship Report continued to meet the FRC’s expected standard of reporting and it will continue to be listed as a signatory to the UK Stewardship Code.

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Department for Communities Consultation on the McCloud Remedy in the Local Government Pension Scheme (Northern Ireland)

The Department for Communities is consulting on supplementary issues relating to the McCloud remedy and seeking views on draft scheme regulations to implement the remedy.

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NILGOSC has published the 2023 Annual Benefit Statements for Deferred members

Your statement and the accompanying guidance notes can be accessed on My NILGOSC Pension Online.

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NIPSA – Legal claims against public service pension schemes

Members who receive a letter from NIPSA who have a query on the NIPSA legal claims should discuss the matter with NIPSA on 028 9066 1831. NILGOSC staff cannot discuss these claims with you as the action is ongoing and some of the claims are being taken against NILGOSC.

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Department for Communities propose to change the date of the annual revaluation in the Local Government Pension Scheme (Northern Ireland)

The Department for Communities is consulting on changes to the LGPS Regulations (NI) 2014 to change the annual revaluation date from 1 April to 6 April.

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Coping with the rising cost-of-living

New research suggests that over 12 million people are now borrowing money for food or essential bills and half of them are doing so for the first time in their lives.

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