Agenda item

Confirmation of Local Government Pension Scheme 2014

Minutes:

Consideration was given to the report of the Corporate Director, Resources which provided Members with confirmation of the known changes that were being made to the Local Government Pension Scheme (LGPS) from 1 April 2014 (for copy see file of Minutes).

 

Nick Orton, Payroll and Pensions Manager responded to questions from Members. Reference was made to Government proposals on the future structure of the LGPS, as reported at the last meeting of the Committee, and the potential impact if Funds were merged. Nick Orton advised that a decision on the proposed options had not been made and details of further consultation were awaited.  

 

Resolved:

 

That the information given be noted.

Supporting documents: