Decision details

Part II reports from the last Pension Fund Committee

Decision Maker: Lancashire Local Pension Board

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

Details of Part II reports considered at the last Committee

Decisions:

(Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972. It was considered that in all the circumstances of the case the public interest in maintaining the exemption outweighed the public interest in disclosing the information).

 

The Head of Fund updated the Board on discussions and decisions taken at the Pension Fund Committee on the 23rd March 2018 in relation to items in Part II of the agenda. The Board discussed the current economic climate and the resulting pressures on employers and noted that the Head of Fund intended to engage with employers later in the year to discuss contributions in order to assist them with future budget planning.

 

Resolved:

 

1.  That the updates regarding reports considered under Part II of the agenda at the Pension Fund Committee on the 23rd March 2018 and the decisions taken are noted.

 

2.  That the proposed early engagement by the Head of Fund with employers in relation to discussing future contributions is welcomed.

Report author: Mike Neville

Date of decision: 24/04/2018

Decided at meeting: 24/04/2018 - Lancashire Local Pension Board

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