Agenda item

The Committee considered a report of the Corporate Director of Resources which set out the Local Pension Board Annual Report (for copy see file of Minutes).

The Head of Pensions (LGPS), Paul Cooper explained the report set out the work of the Board over the last year, covering a broad range of areas in assisting the Administering Authority to secure compliance with

regulations, and ensuring the effective and efficient governance and

administration of the Local Government Pension Scheme. 

Councillor A Hopgood, a member of the Board, was in attendance to explain the work of the Board, giving information on the process by which the Board operated, noting the same training requirements for Board Members as for Committee Members.

The Chair thanked Councillor A Hopgood and the Board for their work, and agreed as regards importance of the training carried out, especially prior to investment decisions being made.

Councillor A Hopgood noted that where issues stood out within key performance indicators (KPIs), these were questioned by the Board to understand any underlying issues.  The Head of Pensions (LGPS) noted the KPIs were referred to within Appendix 2 of the report and highlighted the main issues.

Resolved:

That the report be noted.

Councillor A Hopgood left the meeting at 10.11am