Issue - meetings

The Minutes of the meetings of the Pension Fund Committee held on 6 March 2020 and 7 May 2020 are attached for information.

The Local Pension Board received the Minutes of the meetings of the Pension Fund Committee held on 6 March 2020 and 7 May 2020 for information.

In response to a query, members were advised that only confirmed Minutes were included and that the minutes of the June meeting having not been confirmed were not attached. It was agreed that the Chairman of the Pension Fund Committee be requested to consider allowing draft minutes to be included in this item in order to provide timely information.

During discussion Members highlighted the importance of keeping the risk register under continuous review. It was agreed that it become a standard item on future agendas even when there were no changes.

To approve the minutes of the meeting held on 6 March 2020 and 7 May 2020 (PF3) and to receive information arising from them.

The Minutes of the Meetings held on 3 March 2020 and 5 May 2020 were approved and signed as an accurate record.

The Minutes of the Meetings held on 3 March 2020 and 5 May 2020 were approved and signed as an accurate record.

Matters Arising

Minute 10/20 – Sean Collins reported that they had now paid the death grant to the Daughter and received no comment and had paid the death grant to the Son and had received thanks for all the hard work from the team.  Officers were currently progressing the setting up of a trust fund for the Granddaughter with her family.

Minute 8/20 – Sean Collins reported that all six members of the Local Pension Board had completed the Assessment, but that only 6 out of 11 members of the Committee had completed it.  The Chairman apologised for not completing the Assessment.  He hoped they would still produce a realistic view of the statement of knowledge of the Board.  He had asked Sean to investigate whether there was any further training to keep the Committee up to date with relevant knowledge.  Sean Collins undertook to send a link round to the online courses.

Councillor Roz Smith reported that she had completed the Assessment twice it had not worked.