The Cornwall Pension Fund has a statutory obligation to:
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protect the public funds it administers
and so, we are required, under Part 6 of the Local Audit and Accountability Act 2014, to take part in the:
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National Fraud Initiative (NFI) data matching exercise.
How does this happen?
This involves us:
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sending individual payroll data for every pension we pay to the Cabinet Office
This is then cross matched against other Government and Local Authority bodies responsible for administering public funds to prevent and detect fraud.
Reports are then provided to:
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the Council’s Internal Audit section
which details any matches found against other payrolls or any registration of deaths.
This exercise helps to:
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are paid to persons who are deceased, and
- that occupational pension income is being declared when housing and other benefits are being claimed.
Further information
Further information can be found at the Government's National Fraud Initiative website
