1 / 18

The Local Government Pension Scheme 2014

The Local Government Pension Scheme 2014. Simple overview of changes. S. I. Scheme Scheme Formula Scheme Normal Pension Age. Me! Members….but not Membership. Pensionable Pay Pension Account Paying Contributions. Elections Every Year. Individual Inflation. Life Assurance Cover. M.

mindy
Download Presentation

The Local Government Pension Scheme 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Local Government Pension Scheme 2014 Simple overview of changes

  2. S I Scheme Scheme Formula Scheme Normal Pension Age Me! Members….but not Membership Pensionable Pay Pension Account Paying Contributions Elections Every Year Individual Inflation Life Assurance Cover M P L E

  3. Overview of the LGPS 2014 How is my pension worked out? www.lgps2014.org Contributions and the flexibility to pay more or less When can I take my pension?

  4. The Future of OCS and CEF support services Update – January 2014

  5. Externalisation Programme (Recap) Objectives • Deliver Savings - £3m additional for OCS • Focus on the Council’s core business • Address issues of skills and capacity for CEF Cabinet Oct 2013 • One size does not fit all • Procurement mandate given • April 2015 for change

  6. What’s happened since October (1) Music Service – more work needed to prepare a full Trust proposal, business case and transition plan – report back March 2014 Services for Schools – continue with joint Venture but clarity on Payroll/Accounts Payable Skills & Learning – Council’s requirements (including Independent Social Care) will be in the outsource; Community (Adult)/Workplace delivery will go to colleges via Business Transfer Oxon/Bucks Teacher Training – Discussion underway with local providers for a Business Transfer

  7. What’s happened since October (2) • There will be no further report to Cabinet in January; (will happen in March) • Reshaping of ICT is already underway and will continue through the next six months • Work on Service specifications is well underway • Formal procurement process will begin now in January for the Outsource and for the Joint Venture.

  8. Procurement Approach

  9. Prior Information Notice (PIN) • Formal notice to the market of our intentions • A step beyond Soft Market Testing • A step before OJEU notice • Closer questioning of potential providers • Better information for the full procurement • Better idea on who is really interested • Likely to shorten the procurement process to assure April 15 delivery • Suppliers like it. Some LAs say they wish they had done it. • Our OJEU notice follows in March

  10. What will be covered by the PIN • Outsource • Council HR & Finance • Council Skills & Learning Requirements • Processing of School Payroll & Accounts Payable • Financial Assessments • Money Management (2) Joint Venture • Schools and Learning/Foundation Years • Education Support Services including school customer care for Payroll & Accounts Payable/Receivable

  11. What will not be covered by the PIN Music Service – Charitable Trust Skills & Learning (Non Council) – Business Transfer ICT – Reshaping/Commissioning Pensions – Project BOB (Bucks-Oxon-Berkshire)

  12. An Overview of the CD Process PIN/Go to Market Procurement Preparation and OJEU notice Pre Qualification (Long List) Outline Solutions Competitive Dialogue Detailed Solutions Refined Solutions Evaluation Stages Final Tender Preferred Bidder Financial Close

  13. Lean CD Process – Based on Cabinet Office guidance Research, Market Engagement, Analysis, Preparation PQQ & ISOS Dialogue & Due Diligence Potential ISDS Stage or trial submission CFT Contract OJEU

  14. OCS/CEF in April 2015 Fewer people and posts delivering services in OCS and CEF Most people will be working for another employer Another public service provider OR Another private service provider Very few people and posts will remain working directly for the LA. And if you remain working for the LA, almost certainly your post will change in some way, and the way you operate will change because the way we conduct a lot of our business will change

  15. Current Timelines If your service is included in the procurement for Joint Venture or Outsourcing • PIN Notice – we find out what the shape of the OJEU should be - Jan 14 • OJEU Notice – we tell the market what we want - April 14 • Dialogue – we work out what we can get and what cost - May to Dec 14 • Preferred Supplier – we decide who will do it - January 15 • Final Sign Off – it’s all public - February 15 • Transition Period (Could be three) Change A to B - from Feb 15

  16. Current Timelines By January 2015 you should know what this means for you • Working for another employer (could be a number of different employers) OR • Working for Oxfordshire County Council ( but it will be different) BUT • There may be job losses in some areas and that may mean redundancies We will continue to have quarterly updates but change how we do that ….

  17. Briefing & Support Arrangements From now on staff briefings by WORKSTREAM….. Joint Venture Outsource, Business Transfer • A Support and Transition Lead Officer (February) • A Transition Working Group composed of reps from the Services in that Workstream (March) • Regular briefings for Team Managers (tier 4 & 5) We have to support business as usual and the future transition

  18. Q & A In the usual way: • Presentation published next week • All Q&A captured and published • Email: cefexternalisation@oxfordshire.gov.uk transformcustomerservice@oxfordshire.gov.uk

More Related