Regulatory Update
Decision Maker: Lancashire Local Pension Board
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
Regular item regarding regulatory updates for
Board members
Decisions:
Mr Smith, Technical Adviser Pensions for the LCPF, presented a report which updated the Board on the following pension regulatory matters.
· Scheme Advisory Board cost management consultation.
· Employee Contribution Bands 2019/20.
· Fair Deal – Strengthening pension protection consultation.
· Consultation on implementation of late retirement factors.
· Exit credits
· Exit payment reforms consultation.
Resolved: That the regulatory updates set out in the report and given at the meeting are noted.
Divisions Affected: (All Divisions);
Contact: Colin Smith Email: Colin.Smith@lancashire.gov.uk.
Report author: Colin Smith
Date of decision: 30/04/2019
Decided at meeting: 30/04/2019 - Lancashire Local Pension Board
Accompanying Documents:
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