Issue - decisions

During consideration of the draft 2019/20 Work Plan the Board discussed the most appropriate frequency for reporting with regard to breaches and it was suggested that an update on breaches relating to contributions should be presented every 6 months and for data at every meeting. With regard to the annual update on the Local Pension Partnership Transformation Plan it was acknowledged that more regular updates would be appropriate in order that the Board can effectively monitor progress.

Resolved:

1.  That the Board receive an update regarding contributions breaches on a 6 monthly basis and at every meeting in relation to data.

2.  That an update on the Local Pension Partnership Transformation Plan be presented to each meeting of the Board.

3.  That, subject to the amendments specified at 1 and 2 above, the 2019/20 Work Plan for the Lancashire Local Pension Board, as set out in the Appendix to the report presented, is approved.