Issue - meetings
Pension Scheme Admin Report November 2017
Meeting: 29/11/2017 - Pensions Committee (Item 6)
6 Pension Scheme Admin Report November 2017 PDF 81 KB
Additional documents:
- Enc. 1 for Pension Scheme Admin Report November 2017, item 6 PDF 86 KB
- Enc. 2 for Pension Scheme Admin Report November 2017, item 6 PDF 27 KB
- Enc. 3 for Pension Scheme Admin Report November 2017, item 6 PDF 43 KB
Minutes:
Kevin Mills, Chief Accountant presented a report which covers the activities and performances of the Pensions Administration. Members were advised that a Secondment will be returning to the Pensions Team in December and that a Level 2 apprentice will also be leaving the Team in the same month. The secondment support from Surrey County Council will be providing support to management on an as when needed rather than two fixed days.
Member were provided an update on the various projects which the Team was undertaken which included, GMP reconciliation, Member Self Service, Transfer Amnesty, iConnect and Data Quality. Member held a brief discussion about the report and noted that the Team had performed well in relation to the seven performance indicators but had also had dipped and stalled in the same number of indicators. Members commented that additional support had been provided to the Team and that dips in the Team’s performance needed to be guarded. Members requested that feedback is provided about the team’s performance. The meeting was advised that the Pensions Board was also taking a lead in relation to the Teams performance.
Members also raised concerns about the contents of the Report and requested that more analysis and better detailed information about the Team’s Performance is provided in future reports. Members commented that they had received a report about outsourcing work and noted that the Pensions Administration Team would be included in the Human Resources restructure and that there were proposal for the Team to be moved into Finance. There is ongoing consultation about the restructure
Officers were advised that the Pensions Manager will attend their next meeting.
RESOLVED:
1. To note the contents of the report in respect to the activities and performance of the Pensions Administration Team.
2. That the Pension Scheme Administration Report is more detailed and contains more analysis; and
3. That the Pension Manager attends the next Pensions Committee.