Decision details

The Head of Fund presented a report regarding amendments which had been made to the draft Lancashire County Pension Fund Annual Report since its approval by the Committee on the 5^th July 2018.

It was reported that the amendments related to current and long term liabilities and that explanatory text was added to the final version of the Annual Report in respect of membership figures. The queries around transition costs and membership figures raised by the Committee in July were also addressed. The Committee noted that the amendments referred to in the report had been made following consultation with the Fund's external auditor.

Resolved: 

1.  That the amendments to the Lancashire County Pension Fund 2017/18 Annual Report, as specified in the report presented, are noted.

2.  That the responses to queries regarding the contents of the Lancashire County Pension Fund 2017/18 Annual Report, as raised at the meeting on the 5^th July 2018 are noted.