Decision details

Lancashire County Pension Fund - Regulatory Update

Decision Maker: Lancashire Local Pension Board

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

Update on current regulatory issues affecting the LGPS

Decisions:

A report was presented to update the Board on the following regulations.

 

·  Exit payment reform (exit payment recovery, exit cap and further reform to exit payments)

·  The eligibility of Assistant Coroners for membership of the LGPS.

·  The 3.0% increase in 2018 Pensions expected to be confirmed by Government early this year.

·  The Scheme Advisory Board tier 3 employer project.

 

Resolved: That the report is noted.

Report author: Colin Smith

Date of decision: 16/01/2018

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

Accompanying Documents: