Decision details

(Exempt information as defined in Paragraphs 1, 2 and 3 of Part 1 of Schedule 12A to the Local Government Act, 1972.  It was considered that in all the circumstances of the case the public interest in maintaining the exemption outweighed the public interests in disclosing the information).

The Committee considered a report on the pay proposals of Local Pension Partnership Ltd (LPPL). 

It was noted that the County Council and the London Pension Fund Authority (LPFA) were required to jointly approve the pay proposals under the terms of the Shareholder Agreement. 

The Committee was informed that LPFA had already considered the pay proposals and the decisions taken by LPFA were presented, together with the observations and recommendations of County Council officers.

Resolved:  That the recommendations of County Council officers and the decisions taken by London Pension Fund Authority on Local Pension Partnership Ltd's pay proposals, as set out in the report and presented to the meeting, be fully endorsed and agreed.