Who runs the pension fund
The Fife Pension Fund is run by Fife Council.
This means that Fife Council is the "administering authority" in the Local Government Pension Scheme Regulations.
Fife Council has set up the Superannuation Fund and Pensions Sub-Committee to make decisions and take responsibility for management of the fund.
Administering authorities have to act in the interests of all employers, members and their dependants within the fund. The role of the administering authority is very similar to that of a trustee.
The Pension Team at Fife Council are responsible for the day to day administration of the scheme.