Common use of Scheme Employer responsibilities Clause in Contracts

Scheme Employer responsibilities. The Scheme employer will: Undertake to include the conditions surrounding any possible admission agreement to be made with a chosen service provider (and the Administering Authority) as part of any tendering exercise that it undertakes; Consult with staff representatives and issue information to staff; Notify the Administering Authority immediately of any decision that is made to transfer any part of their service to an “external contractor”; Supply the Administering Authority and/or Scheme Administrator with full and accurate details of all employees, both those contributing to the LGPS and those, for whatever reason, are not contributing to the Scheme but are eligible to do so, involved in any potential transfer from the Scheme Employer to the Admission Body as soon as this information is known. The Administering Authority will supply a data capture spreadsheet for completion by the Scheme Employer; Sign up to the admission agreement before the start date of the service contract; Decide whether or not the Admission Body will be required to provide a bond or indemnity as calculated by the Actuary or if they as the Transferor Scheme Employer will act as a guarantor; Decide whether or not the Admission Agreement will be an Open or Closed agreement; Notify the Administering Authority immediately if the contract with the Admission Body is terminated; Pay any outstanding liabilities where they arise and are the responsibility of the Scheme Employer, as calculated by the Fund Actuary, to the Administering Authority in the event of the early termination of a contract with an Admission Body.

Appears in 2 contracts

Sources: Service Level Agreement, Pension Administration Service Level Agreement