Agenda

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Contact: Deborah Miller  Tel: 07920 084239; Email:  deborah.miller@oxfordshire.gov.uk

Items
No. Item

1.

Welcome by Chairman

2.

Apologies for Absence

3.

Declarations of Interest - see guidance note opposite

4.

Petitions and Public Address

5.

Minutes pdf icon PDF 217 KB

To approve the minutes of the meeting held on 12 July 2019 (LPB5) and to receive information arising from them.

6.

Employer Management - Improvement Plan pdf icon PDF 237 KB

The attached report (LPB6) is the latest in the series of reports to the Pension Fund Committee and this Board and sets out the latest position against the objectives and milestones set out in the Improvement Plan.

 

The Board is RECOMMENDED to note the latest position with regard to the implementation of the Improvement Plan.

Additional documents:

7.

Review of the Annual Business Plan 2019-20 pdf icon PDF 226 KB

The Board are invited to review the latest position against the Annual Business Plan for 2019/20 (LPG7) as considered by the Pension Fund Committee at their meeting on 6 September 2019.

 

The Committee is RECOMMENDED to note the progress against the key service priorities included within the 2019/20 Business Plan.

Additional documents:

8.

Risk Register pdf icon PDF 201 KB

This is the latest risk register as considered by the Pension Fund Committee on 6 September 2019 is attached (LPB8).  The Board are invited to review the report and offer any further views back to the Committee.

 

The Committee is RECOMMENDED to note the changes to the risk register and offer any further comments.

Additional documents:

9.

Fund Valuation pdf icon PDF 221 KB

The report (LPB9) updates the Pension Board on the work to date on the 2019 Valuation and the update of the Funding Strategy Statement.  The Board are invited to review the draft Funding Strategy Statement and provide any initial comments to the Pension Fund Committee to be included in the final draft for formal consultation with Scheme Employers.

 

The Board is RECOMMENDED to note the latest position with regard to the 2019 Valuation, the key changes planned for the Funding Strategy Statement and to offer any comments to the Pension Fund Committee on the current Draft Funding Strategy Statement for them to consider when agreeing the final Draft for formal consultation with scheme employers.

Additional documents:

10.

Employer Training pdf icon PDF 215 KB

The report (LPB10) is included at the request of the Board at its last meeting.  It sets out the current approach to employer training and invites comments from the Board on any changes to the current training programme in terms of both content and the mechanisms for delivering the training, to maximise the effectiveness of the overall arrangements.

 

The Board is RECOMMENDED to note the current position on employer training and to offer any insights and comments to support the development of any future changes in approach, including those issues covered in paragraph 9 above.

11.

Items to Include in Report to the Pension Fund Committee

Following the request from the new chairman of the Pension Fund Committee, there is now a standing item on the Committee agenda for this Board to report back to the Committee.  The Board are invited to confirm the issues they wish to include in their latest report to the Committee.

12.

Items to be Included in the Agenda for the next Board Meeting

Members are invited to identify any issues they wish to add to the agenda of the next meeting of this Board.