pass-through arrangement
England, Wales
An arrangement between a contracting local authority and a service provider that is an admitted body to the LGPS. As the LGPS is a defined benefit scheme, the employer's contribution rate will vary depending on the profile of the workforce and the value of the fund's assets.
Under a pass-through arrangement, the contracting authority and service agree a fixed rate for the employer's contribution rate. If this amount varies, the service provider can recover the amount of any increase from the contracting authority through an adjustment to the contract price.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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