GMP

About

Phase one of the PASA Guidance on GMP reconciliations launched on 19th January 2016. The time left to act before the cessation of contracting out was beginning to run short with increasing pressure to analyse what needs to be done, and to plan and deliver this work. PASA believes it is vital, given the scale and complexity of the task of reconciling and rectifying contracted-out benefits, schemes are supported in taking a pragmatic, cost-effective approach, which is also consistent with trustee duties. The Guidance was developed to support schemes as they seek to develop their own scheme-specific strategy in response to the requirements.

PASA launched further Guidance in February 2016, starting with the link between reconciliation and rectification, and covers the support and information trustees should expect from their administrator. It also considers whether there is a role for tolerance and how this differs between underpayments and overpayments, as well as possible member defences to recovery.

In June 2017, PASA launched further Guidance looking at GMP Reconciliation for Active Members.

February 2018 saw PASA launch its GMP Trustee Checklist and in October 2018, Guidance was released in relation to GMP Stalemate Cases.

Publications

November 2021

GMP Reconciliation Transition – Briefing Note

October 2018

GMP Stalemate cases – Guidance

February 2018

GMP Trustee Checklist

June 2017

GMP Guidance Note 7

February 2016

GMP Guidance Notes 4

GMP Guidance Notes 5

GMP Guidance Notes 6

Slides for PMI Administration Summit 260216

January 2016

PASA GMP Call to Action final

GMP Reconciliation Process Map

GMP Guidance Notes 1

GMP Guidance Notes 2

GMP Guidance Notes 3

Slides_for_PASA_launch_event