Agenda item

The Committee considered a report of the Corporate Director of Resources which provided a review of the Pension Fund Committee Terms of Reference and looked at the training needs for the Committee (for copy see file of Minutes).

The Head of Pensions (LGPS) explained that the Terms of Reference and training needs were reviewed annually and referred Members to the proposal to extend the four-year terms of non-Councillor Committee Members for another four years, due to the time needed to build the required knowledge and understanding and the difficulty in filling those positions.  He added that the training programme was ongoing and noted the recommendations relating to a self-assessment and that training would be provided in terms of any needs identified.

Resolved:

(a)   That the Terms of Reference as detailed in Appendix 1, and the amendment to 3.4 allowing for an extension of membership

term for Committee representatives from Colleges, Other

Statutory Bodies and Admitted Bodies (“other body representatives”) be approved,  

(b)   that the extension of the Committee’s existing other body Representatives be approved,

(c)    that the Terms continue to be reviewed at least annually,

(d)   that Committee Members complete the self-assessment questionnaire included in Appendix 2, and return to the Head of Pensions,

(e)   that the Head of Pensions arranges training as necessary based upon the training needs identified.