Benchmarking clubs 2017 brochure

Pensions Administration Benchmarking Club

This benchmarking club aims to collect the transactional volumes and processing costs for administering the LGPS using the SF3 definitions. ‘Employing authority work’ and any work associated with the administration of non-LGPS pensions are excluded. Costs are further analysed by function.

Why benchmark?

Benchmarking is a vital tool that helps drive improvements and deliver value for money. By measuring your back office functions and comparing performance to similar organisations, you can identify where changes are needed and improve efficiency.

Data is collected in the following areas:

  • membership analysis
  • employer analysis
  • change events
  • quotations and charges
  • communications
  • tracing agencies.

This enables informed comparisons to be made of the net cost per member, payroll cost per pensioner, number of members per admin FTE and also highlights differences of approach.

Benefits

Join and you'll benefit from:

  • clearly defined and well-presented questionnaires
  • helpline and email service
  • detailed comparative reports
  • club database, interactive report, collated text questions
  • access to review meetings.

Access this service now

Complete the 2017 membership form


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