Issue - meetings

Report attached.

Officers had confirmed that each year the Committee were required to produce and publish an Annual Report in accordance with Regulation 57 of the Local Government Pension Scheme Regulations 2013. Officers had produced the report which contained the following:

a) Management and Financial Report;

b) Investment Policy and Performance Report;

c) Scheme Administration Report;

d) Actuarial Statement;

e) Current version of the Governance Compliance Statement;

f) Fund Account and Net Asset Statement (including Audit opinion);

g) Levels of performance set out in a Pensions Administration Strategy;

h) Current version of Funding Strategy Statement;

i) Current version of Statement of Investment Principles;

j) Current version of Communication Strategy; and

k) Any Other Material.

Officers had confirmed that the Annual Report had been prepared in line with the latest guidance issued by the Department of Communities and Local Government and having regard to the updated CIPFA/PRAG guidance issued in August 2014. Officers explained to the Committee that the annual report was still being audited.

The Committee had:

1. Agreed the 2014/15 Pension Fund Annual Report;

2. Agreed that the Pension Fund Annual Report should be published electronically; and

3. Authorisedthe Chairman of the Pensions Committee and the Director of Communities and Resources to conclude and sign the annual report, subject to any minor amendments being incorporated in the report prior to the final sign off.