Employers

Employers with active members at 1 August 2021

Scheduled Bodies:

• Shetland Islands Council
• Orkney & Shetland Valuation Joint Board

Admitted Bodies:

• Lerwick Port Authority
• Shetland Recreational Trust
• Shetland Amenity Trust
• Shetland Seafood Quality Control
• Shetland Charitable Trust
• Shetland Arts Development Agency
• Shetland Care Attendant Scheme (previously Crossroads)
• Shetland UHI 

On 31 December 2020, Shetland Islands Tourism (Visit Scotland) transferred out of the Pension Fund to Lothian Pension Fund. This resulted in a reduction of 1 active member, 5 deferred members and 4 pensioners.

On 1 August 2021, Shetland Fisheries Training Centre Trust, Shetland College and Train Shetland merged to become Shetland UHI.

Employers with no active members at 31
March 2021

Admitted Bodies:

• Shetland Enterprise Co Ltd (Highlands & Island
  Enterprise)

Employers pay regular monthly contributions to the Pension Fund, based on the salaries of active members. Where an employer has no active employees, but continues to participate in the Scheme, an annual monetary amount calculated by the actuary covers the cost of ongoing and
future pension payments.