About Us
Aberdeen City Council, as the administering authority, is responsible for the administration of the Local Government Pension Scheme (LGPS). Aberdeen City Council Pension Fund (ACCPF) has around 26,000 active members; more than 13,000 deferred members; and pays benefits to over 16,000 pensioners and dependants each month.
As well as the LGPS, which includes ACCPF and the Transport Fund, Fire and Police pensions are administered on behalf of Grampian Fire and Rescue Service and Grampian Police.
In 2007 a single Pensions team was created, combining the previous benefits and investment administration teams. The new section has developed a governance strategy and service plan which maps out the management and development of the service for the next three to five years. Administration is carried out by three teams with clearly defined roles:
Accounting and Investment
- Investment strategy development and implementation
- Monitoring markets and investment performance
- Management of in-house cash and investment portfolios
- Pension Fund accounting
- Pension Fund annual accounts
Benefits Administration
- Calculating benefits for Local Government, Police and Fire pension schemes
- Paying lump sums and pensions
- Advising members of their benefits within the Scheme
- Advising new employees on joining the Scheme
- Providing retirement courses
Technical and Communications
- Communicating with members, employers and other key stakeholders
- Computer systems and data security
- Pensions helpline
- Staff training and development
- Website and Internet Member Self Service
View our staffing structure (.pdf 6 Kb)
