TLM's Pension Scheme

THE LEPROSY MISSION CENTRAL PENSION SCHEME

SCHEME REGISTRATION NUMBER 10140987

SCHEME

The Scheme was established with the main purpose of providing pensions for employees of The Leprosy Mission International (the Principal Employer) and its associated bodies upon their retirement. The Scheme was closed to future accrual from 31 March 2013.

The Scheme is governed by the trust deed and rules and has been granted registered scheme status by HM Revenue and Customs. In accordance with the Trust Deed the Scheme is administered by trustees, which consists of five members who are listed above. At least two persons are appointed by the principal employer and at least two persons are selected by the members using an election procedure approved by the Trustees which is consistent with the provision of section 256 of the 2004 Pensions Act that the quorum for meetings of trustees be set at three trustees at least one of whom must be a principal employer appointed trustee and at least one must a member nominated trustee. Trustees operate as individual trustees and by law must act in good faith to protect the interest of all members of The Leprosy Mission Central Pension Scheme. All members of the Scheme are contracted-in to the state second pension.  Further information about the Scheme is given in the explanatory booklet, which is issued to all members.

EMPLOYER

• The Leprosy Mission International (the Principal Employer) and its associated bodies; The Leprosy mission England and Wales, The Leprosy Mission Scotland, The leprosy Mission Northern Ireland and TLM Trading Limited.

PENSION SCHEME COMMITTEE

The Scheme is administered by Trustees through the Pension Scheme Committee. The Leprosy Mission International (the Principal Employer) may, by deed or written instrument, appoint new or additional Trustees or remove any Trustee from office.  The following members of the Pension Scheme Committee served during the year and met twice in the year.

Alan D Gray (Member Nominated Trustee)
Deborah Rees (Employer Nominated Trustee)
Ralph Turner (Employer Nominated Trustee / Chairman)
Trevor D Durston (Member Nominated Trustee)

ENVIRONMENTAL, SOCIAL AND GOVERNANCE FACTORS

The mandates put in place by the Trustees specify how rights attaching to the Scheme’s segregated investments are acted upon. This includes restrictions on certain investments prohibited by the sponsoring employer’s charitable covenant and a requirement to consider these, and social, ethical and environmental factors when making investment decisions. The Trustees have less influence over the underlying investments within pooled investment vehicles held by the Scheme but review the managers’ policies and statements of compliance in respect of these matters.

For any questions, please contact Gladstone Worthington.                     

Download The Leprosy Mission's Central Pension Scheme Trustees' Report and Financial Statements.

Download the Summary Funding Statement 2020

Download our Statement of Investment Principle