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Northern Ireland Local Government Officers' Superannuation Committee

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Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC)
Formation2002
Parent organization
Department for Communities
Websitehttps://nilgosc.org.uk/

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.[2]

See also

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References

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  1. ^ Northern Ireland Local Government Officers' Superannuation Committee (2023-09-12). "ANNUAL REPORT AND ACCOUNTS 2022/23" (PDF). Northern Ireland Local Government Officers' Superannuation Committee.
  2. ^ a b Macauley, Conor (2018-11-09). "Climate change: NI pension fund 'not doing enough'". BBC. BBC.
  3. ^ Northern Ireland Assembly. Local Government Pension Scheme Regulations (Northern Ireland) 2002 as amended (see also as made), from legislation.gov.uk.
  4. ^ Northern Ireland Assembly. The Local Government Pension Scheme Regulations (Northern Ireland) 2014 as amended (see also as made), from legislation.gov.uk.
  5. ^ Perryman, Emily (2018-11-09). "Northern Trust wins GBP6.7bn mandate from NILGOSC". Institutional Asset Manager. Institutional Asset Manager.
  6. ^ Jeffrey, Alex (2017-02-09). "M&G Real Estate transactions total £4.1billion in 2016". M&G plc. M&G plc.