LGSS Pensions appoints ITM to complete GMP Reconciliation

Aug 3, 2017

LGSS Pensions has partnered with independent Local Government Pension Scheme data experts ITM to complete GMP Reconciliation projects for Cambridgeshire and Northamptonshire Pension Funds and Cambridgeshire and Northamptonshire Firefighters’ Pension Schemes.

Having completed an initial comparison of HMRC and administration data, LGSS Pensions identified that they needed an expert partner to deliver the reconciliations in a timely, efficient manner.  Using the National LGPS Framework for Administration Support Services (Lot 2), ITM were appointed to deliver the reconciliations using their proven public service reconciliation tools and methodology. LGSS Pensions administer over 150,000 members across the Cambridgeshire and Northamptonshire LGPS and Firefighters’ Pension Schemes.

Matt Dodds of ITM said:  “We are delighted to be selected to complete the GMP reconciliation projects for LGSS Pensions.  It is clear that they place huge importance on the quality of their data and recognise the importance of adopting a long-term plan to improve and maintain it.  Reconciling GMP records with HMRC is a significant step in their data improvement plan and we are excited to deliver the work for them”.

“It made complete sense to contract ITM to complete our GMP reconciliations. Our administration teams can focus on business as usual, leaving these hugely complex and time consuming reconciliations to ITM, taking full advantage of their well-established processes, systems and capacity.”

Mark Whitby, Head of LGSS Pensions

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