Agenda item

Triennial Valuation Update

Minutes:

The Head of Pensions (LGPS) reminded Members of the update in terms of valuation rates and new employer rates as discussed at the Annual Meeting, coming into effect from 1 April 2023.  He noted the next step would be for the Committee to receive a report at its meeting in March 2023 in terms of its Funding Strategy Statement.  He added that once agreed that would be published and kept up-to-date.

 

Resolved:

 

That the verbal update be noted.