Agenda and minutes

The Chair will announce details of the arrangements in case of fire or other events that might require the meeting room or building’s evacuation.

(if any) – receive.

Members are invited to disclose any interest in any items on the agenda at this point of the meeting.

Members may still disclose any interest in an item at any time prior to the consideration of the matter.

There were no disclosures of interest.

To approve as correct the minutes of the meeting and authorise the Chair to sign them.

The minutes of the previous meeting were agreed as a correct record.

The Board noted the feedback from the Pension Committee.

The Board were presented with a report on the pension administration performance.

Members noted the target level of 95% which had been reached however elapsed time was not measured. Members also noted all SLAs were standardised from 1^st April 2022 and officers explained the changes to the 5 and 10 day SLAs for retirements.

The Board members discussed steps had been taken to improve the system efficiency and how focus had shifted to active deferrals and deaths.

The Board noted the report.

The Board was presented with a report on the LPPA internal control assurance.

Members noted this was an annual report and it was difficult for officers to make comments on it. However members did agree to bring an LPPA representative to the next board meeting to answer any questions raised by members.

The Board noted the report.

The Board was presented with the Code of Practise 14 report.

It was explained that Section A, which was a legal requirement, was fully complaint with the next scheme review imminent. Members also noted there were some actions outstanding in section B and there were some outstanding training modules.

The Board noted the report.

The Board was presented with the risk register.

Members noted the risk register was due to be presented at the November Pensions Committee following a review of the register. Members questioned the assessment of risk 4.2 bur officers confirmed it was the correct assessment. Members also asked for the risk register to be typo and grammar checked for future meetings.

The Board noted the register.

The Board was updated on the position of the training modules.

It was explained to the Board that members would have to re-complete the CIPFA knowledge and skills module and would have to wait for the migration to the new system to complete any outstanding modules.