Decision Maker: Pension Fund Committee
Decision status: Recommendations approved
Is Key decision?: No
A report was presented on the Annual Administration Report for 2017/18 which set out the performance of the pension administration services to LCPF against standards and targets set over the year to 31st March 2018.
In considering the report the Committee noted the slippage with regard to the performance target for VR estimates and that on average it took 42 days from the date of retirement to the first pension payment. The significant increase in the number of members using the My Pension Online facility was also noted.
Resolved: That the Annual Administration Report for 2017/18, as set out at Appendix ‘A’ to the report presented, is noted.
Report author: Colin Smith
Date of decision: 08/06/2018
Decided at meeting: 08/06/2018 - Pension Fund Committee
Accompanying Documents: