Northern Ireland Local Government Officers' Superannuation Committee Explained

Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC)
Formation:2002
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Parent Organization:Department for Communities
Website:https://nilgosc.org.uk/
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The Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) is the largest public sector pension schemes.[1] [2] It is a defined benefit pension plan.

It is regulated by the Local Government Pension Scheme Regulations (Northern Ireland) 2002 and The Local Government Pension Scheme Regulations (Northern Ireland) 2014.[3] [4]

In 2016, NILGOSC committed £100,000,000 to M&G residential property.[5]

In 2017, Northern Trust was appointed to manage the scheme.[6]

In 2018 the pension fund was not criticised for 'not doing enough' with regard to climate change by environmentalists.

See also

External links

Notes and References

  1. Web site: Northern Ireland Local Government Officers' Superannuation Committee. ANNUAL REPORT AND ACCOUNTS 2022/23. 2023-09-12. Northern Ireland Local Government Officers' Superannuation Committee.
  2. Web site: Macauley. BBC. Conor. Climate change: NI pension fund 'not doing enough'. 2018-11-09. BBC.
  3. nisr . 2002 . 352 . Local Government Pension Scheme Regulations (Northern Ireland) 2002 .
  4. nisr . 2014. 188. The Local Government Pension Scheme Regulations (Northern Ireland) 2014 .
  5. Web site: Perryman . Emily. Northern Trust wins GBP6.7bn mandate from NILGOSC . 2018-11-09. Institutional Asset Manager. Institutional Asset Manager.
  6. Web site: Jeffrey. Alex . M&G Real Estate transactions total £4.1billion in 2016 . 2017-02-09. M&G plc . M&G plc.