Lancashire County Pension Fund - Regulatory Update
Decision Maker: Lancashire Local Pension Board
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
Update on current regulatory issues affecting
the LGPS
Decisions:
A report was presented to update the Board on the following regulations.
· Exit payment reform (exit payment recovery, exit cap and further reform to exit payments)
· The eligibility of Assistant Coroners for membership of the LGPS.
· The 3.0% increase in 2018 Pensions expected to be confirmed by Government early this year.
· The Scheme Advisory Board tier 3 employer project.
Resolved: That the report is noted.
Divisions Affected: (All Divisions);
Contact: Colin Smith Email: Colin.Smith@lancashire.gov.uk.
Report author: Colin Smith
Date of decision: 16/01/2018
Decided at meeting: 16/01/2018 - Lancashire Local Pension Board
Accompanying Documents:
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