Decision details

Lancashire County Pension Fund - Breaches Log

Decision Maker: Lancashire Local Pension Board

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

Summary of breaches for the period January to March 2018

Decisions:

The Board considered a report which summarised the Lancashire County Pension Fund Breaches Log and noted that for the period 1st January to 31st March 2018 there had been a total of 54 breaches regarding contribution payments from employers, none of which were deemed as being material breaches. It was noted that the majority of breaches related to one off late payments and the Fund was continuing to work with employers to minimise the possibility of similar breaches in the future.

 

Resolved: That the report is noted and that detailed information regarding future reported breaches be presented to the Board on a quarterly basis.

Report author: Mukhtar Master

Date of decision: 24/04/2018

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

Accompanying Documents: