Decision details

Membership of the Lancashire Local Pension Board

Decision Maker: Lancashire Local Pension Board

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

Report regarding the vacancies on the board for a deferred member and employer rep

Decisions:

A report was presented on the processes for identifying and appointing replacement Employer and Deferred Member representatives to fill the existing two vacancies on the Board.

 

Initially the Board considered whether the vacancies should be filled. Whilst acknowledging that the membership was larger than other Boards it was felt that the current balance of 4 representatives each for employers/members, together with an independent Chair represented a valuable breadth of knowledge and experience and minimised the possibility of meetings being inquorate.

 

It was reported that the Employer Member vacancy would be filled by a nomination from the County Council which was anticipated to be made early in the New Year with a view to the appointment being presented to the full County Council in February 2018 for approval.

 

With regard to the Deferred Member vacancy the Board noted it was for individual Administering Authorities to establish an appropriate appointment process and consideration was given to different methods. It was noted that the ballot process used to recruit some Board members had been expensive and had resulted in a low response from eligible members.

 

After considering the various options the Board agreed that a two stage nomination and selection process would be a more cost effective way of filling the vacancy. It was also agreed that in future the 4 scheme member representatives should act as representatives for all scheme members rather than the particular groups within the membership from which they were drawn.

 

Resolved:

 

1.  That the membership of the Board continue to operate on the basis of an independent Chair and 4 Employer Member representatives (as set out in the Terms of Reference) and 4 Scheme Member representatives.

 

2.  That with regard to the 4 Scheme Member representatives referred to in 1 above the full County Council be recommended to agree to amend the Terms of Reference of the Board so that the Scheme Member representatives are appointed to represent all active, pensioner and deferred members.

 

3.  That the process for the appointment of an Employer Member representative from Lancashire County Council, as set out in the report presented, is noted.

 

4.  That the vacancy for a Scheme Member representative be filled following a two stage nomination and selection process, as set out in the report presented.

Report author: Mike Neville

Date of decision: 16/01/2018

Decided at meeting: 16/01/2018 - Lancashire Local Pension Board

Accompanying Documents: