Issue - meetings
Discussion on the Policies in the Annual Report:
Meeting: 18/09/2018 - Pension Board (Item 11)
DISCUSSION ON THE REVIEW OF POLICIES IN THE ANNUAL REPORT
Discussion on review of the following policies as attached to the annual Report:
· Funding Strategy Statement,
· Governance Compliance Statement
· Risk Policy
Minutes:
· Funding Strategy Statement
Officers advised Members that LCIV had a new governance structure and that Local Government Pensions Schemes were to be offered to staff via City of London. All Funds will be required to give guarantees; at current Officers are reviewing terms of conditions of the LCIV. This is to ensure that the proposed contractual conditions are favourable to the LBTH Pension Fund and that appropriate protection is provided. Members noted that the current LCIV staff are on private sector pay rates and are to be provided with public sector pensions.
· Governance Compliance Statement - Item was deferred.
· Risk Policy - Item was deferred.
Meeting: 13/09/2018 - Pension Board (Item 11)
DISCUSSION ON THE REVIEW OF POLICIES IN THE ANNUAL REPORT
Discussion on review of the following policies as attached to the annual Report:
· Funding Strategy Statement,
· Governance Compliance Statement
· Risk Policy
Minutes:
Meeting adjourned