SYPTPF

With effect from 1 April 2014 the responsibility for administering this Fund has been transferred from South Yorkshire Integrated Transport Authority to the Barnsley, Doncaster, Rotherham and Sheffield Combined Authority. This change arises from the abolition of South Yorkshire Integrated Transport Authority at the end of March.
 
We are responsible for maintaining the South Yorkshire Passenger Transport Pension Fund (SYPTPF) on an agency basis, in respect of a restricted number of employees of First South Yorkshire Ltd and ex-employees of First South Yorkshire Ltd who participate in the Local Government Pension Scheme. 
 
There are no changes to the day to day management of the Fund so all correspondence should continue to be directed to 18 Regent Street, Barnsley, S70 2HG and through all the usual existing contacts. 
 
Browse Minutes here
 

SYPTPF - News

 
Change in Pension Provider

South Yorkshire Pensions Authority is currently the administrating authority responsible for the day to day running of the South Yorkshire Passenger Transport Pension Fund.

 

However, following a recent review by First Bus into providers of their Local Government Pension Scheme, this is about to change.

 

From November of this year Greater Manchester Pension Fund (GMPF) will take over the administration.

 

This will affect:

 

  • members currently working for First South Yorkshire Ltd and contributing to the Local Government Pension Scheme (LGPS);

  • former members who will have worked for either Mainline Group Ltd, South Yorkshire Integrated Transport Authority or First South Yorkshire Ltd and are now in receipt of a pension or their benefits are preserved within the pension scheme until normal pension age; and

  • dependants in receipt of a pension.

     

The link below will take you to the GMPF website where it explains in more detail why the change is taking place, and answer any questions or concerns you may have.

 

Please be assured this is only a change in pension provider not a change to your pension benefits.

 

http://www.gmpf.org.uk/first.htm



 
Date 12/09/2017        


BCPP Consultation Response

Border to Coast Pensions Partnership (BCPP) - proposal for pooling 

Read more...


 
Date 18/03/2016        


LGPS funds in collaboration talks

The Chairs of the two South Yorkshire Local Government Pension Scheme Funds (Councillor Sue Ellis of the South Yorkshire Pension Fund and Councillor David Leech of the South Yorkshire Passenger Transport Pension Fund) are pleased to announce that they are in discussions with the Border to Coast group as their preferred partner to develop a multi-asset pool to meet the scale sought by Government in its investment pooling criteria for the Local Government Pension Scheme.

Read more...


 
Date 27/01/2016        


Local Government Pensions Board

...from active, retired and deferred members of the pension scheme to sit on its newly established Local Pensions Board.
 
Date 25/03/2015        
DOWNLOAD

South Yorkshire Passenger Transport Pension Fund Wins LGC Investment Award

...Best Return on Global Equity at the 20th Anniversary LGC Investment Awards, held at the Grand Connaught Rooms, London.
 
Date 25/03/2015        
DOWNLOAD